Beijing delists non-compliant homestay rentals before marjor theme park opens; Meituan posts 81% rise in Q2 room nights, projects significant regulatory fines.
Meituan CEO sees greater travel demand in Q2 than Q1; Universal Studios' Beijing park set to rival Shanghai Disneyland.
Over the past several years, Accor has augmented its portfolio in Greater China, with the introduction and acceleration of new lifestyle, luxury and premium brands.
Revenue from continuing operations in 1H 2021 was approximately RMB148.8 million.
Meituan faces new antitrust probe into 2018 acquisition; Hong Kong in talks with Thailand over vaccination recognition.
70 percent of investors anticipate their property portfolio revenue per available room will return to 2019 levels in three to four years.
The latest regulatory control will affect a number of short-rental operators chasing after business opportunities brought by the Universal Beijing Resort.
Tourism industry confident about National Games 2025; Swift recovery likely for Hainan duty free as CDFG posts strong H1 results.
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