China offers flight refunds to curb travel; Homestay industry on track to recovery.
Branded properties accounted for only 5.6% of the alternative accommodation market, which was dominated by small- and medium-sized brands.
Ethan Lin, co-founder and CEO of Klook, said there is “no significant fluctuation in valuation”.
Chinese hotel chain Huazhu projects Q4 revenues to surpass previous guidance; UK museum reaches Chinese audiences through Alibaba Fliggy.
Accor strengthens partnership with Alibaba Fliggy; Sequoia China, Ocean Link to invest in high-end hotel chain.
Hong Kong, Singapore dethroned by Incheon as Asia’s busiest hub; Airlines in reverse with capacity cuts from Europe to China.
Former Travix CEO John Mangelaars will replace Moshe Rafiah who has been splitting his time as CEO between both Skyscanner and Travelfusion. All three companies are under the Trip.com Group.
Minor Hotels partners with Funyard Hotels for China expansion; China estimates 40% fall in Lunar New Year passenger trips from 2019.