This is despite the fact travel restrictions in the latter part of Q2 had negatively impacted new signings and construction progress.
China to step up aviation self-reliance by 2025 amid US tensions; Cultural tourism firms tout tech at major fair.
The Chinese online travel company continues to stand out for its user acquisition tactics and also deeper penetration in tier-3 or below cities in China.
Beijing delists non-compliant homestay rentals before marjor theme park opens; Meituan posts 81% rise in Q2 room nights, projects significant regulatory fines.
Meituan CEO sees greater travel demand in Q2 than Q1; Universal Studios' Beijing park set to rival Shanghai Disneyland.
Over the past several years, Accor has augmented its portfolio in Greater China, with the introduction and acceleration of new lifestyle, luxury and premium brands.
Meituan faces new antitrust probe into 2018 acquisition; Hong Kong in talks with Thailand over vaccination recognition.
The latest regulatory control will affect a number of short-rental operators chasing after business opportunities brought by the Universal Beijing Resort.
