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Chinese hotel giant Huazhu reaps 15% of annual revenue from overseas unit
04/25/2021|5:55:27 PM|
As of last year, Huazhu still held USD 897 million worth of investments in companies including Accor (USD 593 million) and OYO (USD 10 million).
Huazhu Group aims to be bigger, gears up for a brighter future
03/30/2021|10:44:56 AM|
The Chinese hotel company has carved out its strategic focus for 2021, built on property expansion, strengthening bonds with existing and new customers, both backed up astute data strategy and digitization project.
Accor reports nearly 50% revenue drop in Q1 2021
04/22/2021|5:23:56 PM|
In Asia-Pacific, RevPAR fell by 54.8%, with mixed performances by region.
China to recognize Western vaccines; PayPal works on cross-border payments | Daily Brief
04/21/2021|11:37:41 PM|
Domestic revenue of Chinese travel agencies totals $18.33 billion last year; Chinese independent travelers seek authenticity in Europe dining, study finds.
Fosun Tourism reports 74.5% business volume decrease in Q1 2021
04/21/2021|3:14:44 PM|
In the first quarter of 2021, Thomas Cook China and UK achieved a cumulative GMV of approximately RMB 163.2 million.
Global theme park brands accelerate expansion; China plans "1-2-3 Travel Circle" | Daily Brief
03/15/2021|11:28:56 PM|
TravelSky projects annual net profit of more than $60 million; China to ease domestic travel restrictions, allowing train travel without COVID-19 test report.
Trip.com works with Amadeus' cloud-based flight search platform
04/20/2021|3:01:23 PM|
Global online travel services provider signs long-term cloud technology agreement with the world's biggest GDS firm.
Huazhu reports $471 million net income in Q4, expecting net revenue growth to top 50% in 2021
03/24/2021|10:15:50 PM|
Hotel turnover increased 17.5% year-over-year to RMB 11 billion for the fourth quarter, and decreased 5.6% to RMB 33 billion for the full year of 2020.
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