Analysts say investment in MGM by a Chinese travel firm could be "tricky"; Chinese travel agencies handle 53% less domestic trips.
Province tightens quarantine, urges people not to travel; Chinese carriers, other foreign airlines take Canadian wage subsidy.
China restricts travel for 11 million people in northern city; Weibo big data report shows family travel and “go west” are trending for hotels.
Railways allow ticket refund as China advises against unnecessary trips; Agoda finds 40% of Chinese travelers look forward to travel with family, friends.
Cathay extends ban on flights from UK to Hong Kong; Macau retailers eyeing an influx of mainland tourists to drive revenue.
Qantas pushes back flights to Hong Kong, Japan; China Eastern Airlines subsidiary outlines launch network.
MGM Resorts International can be an important partner for the strategic shareholder’s future internationalization efforts, especially in outbound consumer services to the U.S. and Japan.
The deal is in line with Dufry’s growth strategy in Asia and builds on the company’s existing and long-standing footprint in China.