TravelSky projects annual net profit of more than $60 million; China to ease domestic travel restrictions, allowing train travel without COVID-19 test report.
The RevPAR of mid-scale full service hotels was RMB181.5 in the second half of 2020, representing an increase of 88.5% from RMB96.3 of the first half of 2020.
The German hotel group plans to quintuple its hotel portfolio by 2025, partly through mergers and acquisitions.
Domestic travel demand is stable or improving in Asia Pacific; Plaza Premium partners with DragonPass to launch high-speed railway lounges in China.
When compared with Europe, North America or other parts of the world, domestic demand in Asia Pacific's hotel searches is soaring.
Trip.com Group, Shangri-La Group deepens strategic partnership; Hong Kong launches strategy to boost travel recovery.
This new cooperation enables 300 million-plus Ctrip high-end members to access to the Shangri-La Golden Circle Programme across Shangri-La’s portfolio of over 100 hotels globally.
OTA giant sees content as a new growth driver, rolls out a three-step strategy; Chinese lawmakers, advisors suggest issuing vaccine passports.