China’s domestic market boosts global passenger demand in July; Jin Jiang International Hotels sees 42% drop in half-year revenue.
Meituan reports the world’s highest hotel room nights in Q2; Smart tour guide operator Lvji reports a net loss of $11.7 million.
Greater China hotels sector is well-positioned to lead APAC recovery; Chinese residents flock to theme parks.
Pinduoduo ventures into hotel business, taking on Trip.com and Meituan; Airbnb adds 100,000+ new guests in China.
The company launched the “Thomas Cook Lifestyle Platform” and recorded over 104,000 registered users and transaction volume of around USD 4.8 million in less than a month.
Pinduoduo ventured into hotel business, taking on Trip.com and Meituan; Beijing tightened regulations on urban home-sharing business.
Meituan sees 17% decline in hotel room nights in Q2; Contactless travel starts at Beijing airport.
Meituan saw 17% decline in hotel room nights in Q2; Movie Hotel raised over $25 million to create hybrid experience.
