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Meituan acts fast on new demand and cost cutting opportunities in Q1

Meituan acts fast on new demand and cost cutting opportunities in Q1

The company highlighted that the decision to support hotel companies’ digital transformation and some of the other initiatives like Hotel + X are contributing immensely at this juncture.

06/09/2022|2:21:26 PM|Ritesh Gupta, ChinaTravelNews
Trip.com named top travel buyer in US; Hong Kong extends Cathay Pacific’s loan | Daily Brief

Trip.com named top travel buyer in US; Hong Kong extends Cathay Pacific’s loan | Daily Brief

Number of daily flights posts upward trend; eVTOL start-up closes $1.48 million seed round.

06/09/2022|6:16:21 AM|ChinaTravelNews
Universal Beijing reopens on June 15; China's business travel spending to exceed $400B in 2024 | Daily Brief

Universal Beijing reopens on June 15; China's business travel spending to exceed $400B in 2024 | Daily Brief

China Southern Airlines will gradually resume passenger flights to and from Shanghai; Didi's apps will now be allowed to be listed on domestic app stores and allow new registrants.

06/07/2022|10:26:04 PM|ChinaTravelNews
Passenger trips drop 40% during holiday; Chinese firm buys into Cambodian carrier | Daily Brief

Passenger trips drop 40% during holiday; Chinese firm buys into Cambodian carrier | Daily Brief

Macau eases test validity to 7 days for Guangdong visitors; Hainan Airlines to resume Shenzhen-Vancouver service.

06/07/2022|12:58:13 AM|ChinaTravelNews
Shanghai reopens; Chinese group weighs $1 billion sale of US luxury hotels | Weekly Review

Shanghai reopens; Chinese group weighs $1 billion sale of US luxury hotels | Weekly Review

Train accident killed driver and injured eight; Marriott partners with Ant Group to enhance digital operations in China.

06/05/2022|7:25:48 AM|ChinaTravelNews
Tencent-invested Meituan posts 25% rise in revenue, 17.7% increase in operating loss

Tencent-invested Meituan posts 25% rise in revenue, 17.7% increase in operating loss

Domestic hotel room nights decreased by a single-digit percentage year over year.

06/02/2022|7:28:15 PM|ChinaTravelNews
Huazhu better equipped to deal with ups and downs of the business cycle

Huazhu better equipped to deal with ups and downs of the business cycle

Taking care of its stakeholders and refining its sales strategy as per the demand being seen locally, the hotel company believes it is now better prepared to deal with uncertainty.

06/02/2022|10:47:10 AM|Ritesh Gupta, ChinaTravelNews
Shanghai ends 2-month lockdown; China eases blanket travel rule | Daily Brief

Shanghai ends 2-month lockdown; China eases blanket travel rule | Daily Brief

China cases drop below 100 as specter of Covid Zero remains; Marriott partners with Ant Group to enhance digital operations.

06/02/2022|7:06:24 AM|ChinaTravelNews
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