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OTA buys a stake in airport app; E-commerce site adds flight booking service | Daily Brief

EU chamber urged China to cut subsidies to inefficient airlines; Marriott hotels' occupancy rate in China rose to 40%.

06/02/2020|11:30:38 PM|ChinaTravelNews

Didi starts international travel agency; Trip.com faces more challenges | Weekly Review

The worse is yet to come as Trip.com Group projected net revenue to drop by 67%-77% in Q2; TravelSky sells a stake in its consumer-facing app to China Southern Airlines.

06/01/2020|10:59:28 AM|ChinaTravelNews

Chinese OTA giant faces tougher challenges in second quarter

International transportation accounts for 50% of Trip.com Group's total transportation revenue, so transportation will be more vulnerable to the COVID-19 impact than hotels will.

05/30/2020|11:55:21 AM|ChinaTravelNews

Marriott posts new jobs in China; Hong Kong to open to transit passengers | Daily Brief

Midscale and economy hotels are driving the recovery of China's hotel market; Cathay Pacific's brand merger hits roadblock from Chinese regulator.

05/28/2020|12:30:53 AM|ChinaTravelNews

Hotel group merges China brands; Klook looks to local demand | Daily Brief

Jin Jiang International has completed a major restructuring to consolidate its limited-service hotel businesses; Air China is planning to operate 24 international routes between June 1 and July 1.

05/27/2020|7:29:17 AM|ChinaTravelNews

Hotel conglomerate Jin Jiang consolidates China units

Jin Jiang has accelerated its international expansion through mergers and acquisitions since 2015, acquiring Louvre Group, Plateno Group, Vienna Hotels Group and Radisson Hotels.

05/26/2020|12:04:03 AM|ChinaTravelNews

Hotel PMS firm raises $14 million; China accused of blocking US flights | Daily Brief

Car-hailing giant Didi started an international travel agency; Meituan recorded 45.5% fewer room nights due to pandemic impact.

05/25/2020|11:20:13 PM|ChinaTravelNews

Meituan records 45.5% less room nights amid pandemic impact

Revenues from in-store, hotel & travel were RMB 3.09 billion (USD 434 million) in the first quarter, 31.1% less than last year.

05/25/2020|10:25:18 PM|ChinaTravelNews
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