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OYO China announces the resignation of its Chinese CFO
07/08/2020|12:15:31 AM|
Mr. Li has decided to move on from the company "to pursue other professional opportunities".
China's air traffic decline slows down; Global aviation losses to top $84 billion | Daily Brief
06/11/2020|7:18:45 AM|
The Chinese air passengers were down by 52.6% year-on-year in May, compared with a 68.5% year-on-year decline in April; Skyscanner finds post-COVID travel anxiety is easing.
Britain's air bridges exclude China; Skyscanner launches Fare Families | Daily Brief
07/06/2020|10:14:36 PM|
Airlines in China rolled out discount packages one after another hoping to recoup money and boost consumption; Young tourists show growing interest in domestic travel but shrinking willingness to travel abroad.
Leveraging 3rd party flagship stores for building "in China for China" business
07/05/2020|5:23:21 PM|
Foreign hotel companies are setting up their flagship stores on Ctrip and Fliggy, and looking at them as a way to let locals shop in a way they are accustomed to.
More than 40,000 hotels in China closed down in the first half of 2020
07/05/2020|11:41:40 AM|
In June alone, some 15,000 hotel companies had gone under.
Hotel giant Huazhu reports 15.7% drop in Q1 revenue, expects further decline in Q2
07/01/2020|10:22:38 PM|
Huazhu expects net revenues to decline 32% to 34% year-over-year in the second quarter of 2020, or 35% to 37% if excluding the addition of Deutsche Hospitality.
Domestic flights further rebound; Searches for China flights rise | Daily Brief
06/04/2020|11:45:20 PM|
China and Singapore agreed to create a fast lane to facilitate essential travel without 14-day quarantine from June 8; Trip.com Group set up a new unit to invest in startups.
Trip.com Group founds a startup-investment firm with $14 million
06/04/2020|8:45:04 PM|
Mr. Jay Shen, vice president of the Trip.com Group, serves as legal representative of the new company.
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