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Alibaba backs Israeli travel startup; Klook buys car-hire firm | Weekly Review

Chinese airlines rescheduled their international flights after national regulators decided to limit the number of international flights to curtail imported COVID-19 cases.

04/04/2020|10:14:48 PM|ChinaTravelNews

Activities booking unicorn Klook acquires car rental firm Huizhuche

A source told ChinaTravelNews that Klook spent less than USD 10 million in its acquisition of Huizhuche, a price tag much lower than the car rental firm's claimed value after its series B round.

04/02/2020|3:26:04 PM|ChinaTravelNews

OTA giants respond to competition probe; Alibaba invests in travel tech firm | Daily Brief

TravelSky said it will weather coronavirus impacts in air travel without layoffs; Chinese embassy in UK is chartering a plane to bring home Chinese students.

04/02/2020|12:54:11 AM|ChinaTravelNews

Virus may cost 75M travel jobs; Forward bookings show dramatic rebound | Weekly Review

Hotel giant leverages equity investments to grow profit significantly last year; Chinese visitors to Japan plunge 87.9% in February.

03/28/2020|9:54:45 PM|ChinaTravelNews

ANA partners Skyscanner on direct booking; Travelzoo furloughs global workforce | Daily Brief

Three Chinese airline partners work with KLM to support the Netherlands's virus containment; Hong Kong Disney extends ticket expiry date.

03/28/2020|12:28:17 AM|ChinaTravelNews

China limits cross-border flights, halts entry by foreigner visa & residence permit | Daily Brief

Weekly flights will be downsized to around 130, reducing the number of China's inbound airline passengers from 25,000 to around 5,000 per day.

03/27/2020|12:58:59 AM|ChinaTravelNews

IHG sees occupancy rise in Greater China; Chinese airlines have lost $3.1B | Daily Brief

The gradual resumption of business in China has not helped domestic airlines make ends meet; Tokyo Olympics is postponed to 2021.

03/24/2020|11:09:30 PM|ChinaTravelNews

Fosun Tourism raises $988M; Forward bookings in China show dramatic rebound | Daily Brief

Chinese tourist arrivals to Japan dropped 87.9% in February; Hainan government announced a USD 21.2 million rejuvenation plan for the island’s beleaguered tourism industry with duty free shopping at the heart.

03/23/2020|11:34:25 PM|ChinaTravelNews
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