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Booking reports a net loss of $55 million but a 62% increase in air tickets

Total revenues for the quarter dropped by 50% year-on-year.

05/06/2021|8:19:58 AM|Booking

Travel photography startup raises fund; Shanghai International Resort aims to be 'tourism city' | Daily Brief

Trans-Pacific air tickets soar after US lifts pupil journey restrictions; Full recovery of China outbound leisure travel is unlikely before Mid-2023.

04/29/2021|11:49:40 PM|ChinaTravelNews

Full recovery of China outbound leisure travel is unlikely before Mid-2023

Hainan competing with Hong Kong as the Chinese shopping paradise.

04/29/2021|10:48:06 PM|Oliver Wyman

Fosun Tourism reports 74.5% business volume decrease in Q1 2021

In the first quarter of 2021, Thomas Cook China and UK achieved a cumulative GMV of approximately RMB 163.2 million.

04/21/2021|3:14:44 PM|ChinaTravelNews

Corporate travel startup Z-Trip raises $14 million, aiming to build an open procurement platform

Corporate procurement operators should not only simplify management procedures with advanced tools, but also get access to external resources and markets.

04/16/2021|10:42:31 AM|ChinaTravelNews

State-owned hospitality group Jin Jiang reports 32.3% drop in revenue, eyes to be a world-renowned name

In 2020, Jin Jiang had around 13% of its revenue from overseas markets, down from the 20% overseas share in 2019.

04/03/2021|12:19:33 AM|ChinaTravelNews

Smart hotel tech firm raises $45.6 million; Chinese are now more open to travel | Daily Brief

State-owned travel conglomerate CTII posts 56% drop in revenue; Singapore mulls over launch of air travel bubble with Hong Kong.

03/31/2021|9:38:15 PM|ChinaTravelNews

State-owned travel conglomerate CTII posts 56% drop in revenue

The company will continue to focus on building a “first-class tourist destination investment and operation service provider”.

03/31/2021|5:28:35 PM|ChinaTravelNews
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