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Fosun Tourism posts 38% revenue rise, but China is just 4% of Club Med's global volume

Fosun Tourism posts 38% revenue rise, but China is just 4% of Club Med's global volume

Atlantis Sanya's occupancy rate added more than 40 percentage points.

08/29/2023|5:08:13 PM|ChinaTravelNews
H World shows faith in lower-tier cities residents’ spending power

H World shows faith in lower-tier cities residents’ spending power

Lower-tier cities in China offer a massive growth potential, especially considering the fact that around 70% of China’s population resides in these locations.

08/29/2023|3:35:34 PM|Ritesh Gupta, ChinaTravelNews
China scraps last Covid travel requirement; US, China in talks to boost tourism ties | Daily Brief

China scraps last Covid travel requirement; US, China in talks to boost tourism ties | Daily Brief

Companies start canceling tours to Japan; Skyscanner’s ChatGPT plug-in goes live.

08/28/2023|7:15:37 PM|ChinaTravelNews
China’s hotel chain Zhiding Yuemei files for U.S. IPO; Meituan posts $644 million net profit in Q2 | Weekly Review

China’s hotel chain Zhiding Yuemei files for U.S. IPO; Meituan posts $644 million net profit in Q2 | Weekly Review

Hilton bets on China’s middle class as it eyes about 730 hotels in next 10 years; Trip.com Group forms joint venture with Japan's JTB.

08/26/2023|10:41:49 AM|ChinaTravelNews
Trip.com Group forms joint venture with JTB; Japan bets on WeChat to hook Chinese tourists | Daily Brief

Trip.com Group forms joint venture with JTB; Japan bets on WeChat to hook Chinese tourists | Daily Brief

Russia and China discuss expanding flight routes; China’s tourism grows faster than GDP.

08/25/2023|7:28:35 PM|ChinaTravelNews
Meituan revenue rises 33% in Q2, netting a $644 million profit

Meituan revenue rises 33% in Q2, netting a $644 million profit

In-store, hotel & travel business grew with transaction volume up by over 120%.

08/25/2023|2:18:45 PM|ChinaTravelNews
Hotel giant H World posts 63.5% increase in Q2 revenue; Group tours return to Japan but ‘explosive spending’ unlikely | Daily Brief

Hotel giant H World posts 63.5% increase in Q2 revenue; Group tours return to Japan but ‘explosive spending’ unlikely | Daily Brief

Hotel chain Zhiding Yuemei files for U.S. IPO; China’s civil aviation passenger transport scale reaches new heights.

08/24/2023|7:02:32 PM|ChinaTravelNews
Chinese hotel giant H World posts 63.5% increase in Q2 revenue and raises expectation for the full year

Chinese hotel giant H World posts 63.5% increase in Q2 revenue and raises expectation for the full year

For Legacy-Huazhu business, RevPAR in Q2 2023 recovered to 121% of the Q2 2019 level.

08/24/2023|6:54:29 PM|ChinaTravelNews
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