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Trip.com investor ups Meituan stake; Hilton's China occupancy rises | Daily Brief

Trip.com investor ups Meituan stake; Hilton's China occupancy rises | Daily Brief

China's airline IT service giant TravelSky injects USD 141 million into a 5G-focused investment fund; Carnival said China might be among the first areas where cruise lines start sailing again.

04/17/2020|10:34:10 PM|ChinaTravelNews
Carnival says China may be among first areas to cruise again

Carnival says China may be among first areas to cruise again

Carnival had expected to base 5% of its fleet in China in 2020.

04/17/2020|2:36:49 PM|Bloomberg
Marketing during a crisis: Back off but don't disappear

Marketing during a crisis: Back off but don't disappear

Staying in front with the clients and prospects is the key to the rebuilding process.

03/25/2020|3:08:54 PM|Travel Weekly
Airbnb loses $276M in Q4; Trip.com taps into virtual banking | Daily Brief

Airbnb loses $276M in Q4; Trip.com taps into virtual banking | Daily Brief

Expedia is withdrawing its adjusted EBITDA guidance due to growing virus impact; Global hotel transaction volumes in 2019 reached USD 66 billion last year.

03/13/2020|10:12:26 PM|ChinaTravelNews
Fliggy launches live channel; Russia takes $400M hit | Daily Brief

Fliggy launches live channel; Russia takes $400M hit | Daily Brief

Japan will quarantine people arriving from South Korea and China for two weeks; the global aviation industry could lose USD 63-113 billion in revenue.

03/06/2020|9:48:42 PM|ChinaTravelNews
State-owned bank bails out OTA; airlines to see first traffic drop in a decade | Daily Brief

State-owned bank bails out OTA; airlines to see first traffic drop in a decade | Daily Brief

The Industrial and Commercial Bank of China will provide a USD 86.7 million loan to online travel giant Trip.com Group; RevPAR of Hyatt hotels declined 90% last month in China.

02/21/2020|11:21:10 PM|ChinaTravelNews
Princess Cruises cancels this year's Chinese trips amid virus crisis

Princess Cruises cancels this year's Chinese trips amid virus crisis

Some of the cruise line's multi-destination trips may still stop at its Chinese mainland homeport, Shanghai, this year.

02/20/2020|1:54:06 PM|Yicai Global
China considers airlines bailout; OYO fights to keep hotels open | Daily Brief

China considers airlines bailout; OYO fights to keep hotels open | Daily Brief

Malaysia looks to locals and non-Chinese visitors in fulfilling tourist-arrivals target; China plans to take over indebted conglomerate HNA Group and sell off its core airline assets.

02/19/2020|12:07:04 AM|ChinaTravelNews
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