Search results for “Business”
China restores only 20%-30% of domestic corporate travel
05/21/2020|4:19:50 PM|
The Chinese business travel market was worth USD 394 billion in 2019, but only 10% of the businesses were served by professional TMCs.
Tencent-invested Meituan posts 25% rise in revenue, 17.7% increase in operating loss
06/02/2022|7:28:15 PM|
Domestic hotel room nights decreased by a single-digit percentage year over year.
China’s reopening plans spark rally in stocks; India replaces China as Thailand’s top tourism market | Daily Brief
05/31/2022|6:26:34 AM|
Hotel giant posts bigger loss in Q1, expects revenue to drop 2%-6% in Q2; More carriers resume domestic flights from Shanghai.
Tongcheng continues to march ahead despite a topsy-turvy ride
05/26/2022|9:50:36 AM|
The online travel company’s plan to target opportunities, for instance, reaching out to new users in lower-tier cities, continues to deliver.
China's hotel pipeline hits record; Aviation sector lost $12.5 billion | Daily Brief
05/21/2022|12:35:58 AM|
Beijing releases museum travel route; Hong Kong Airlines asks pilots to take leave on reduced pay.
Fosun Tourism's sales volume drops 15.9% in Q1
04/30/2020|11:11:07 AM|
Resort operation in the first two months grew 8% despite the COVID-19 outbreak since late January.
Meituan believes it now has even a bigger say in hotel bookings
03/28/2022|12:07:15 PM|
CEO Xing Wang pointed out that the team has “cultivated consumer mindshare of Meituan as the go-to platform for hotel reservations”.
Ctrip Corporate Travel’s white paper sheds light on latest market trends
04/28/2020|10:14:49 AM|
China’s business travel market posted a growth rate of 5.9% last year, while the average annual growth rate in 2013-2018 was 11%.
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