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WeChat hotel marketing expert Zhiketong raises $50 million in series D round
11/04/2020|7:52:46 PM|
Zhiketong targets to have clients’ total transaction value exceeding the RMB 100 billion (USD 14.97 billion) mark by 2025.
Hilton aims at 1,000 hotels in China; TikTok parent founds travel agency | Daily Brief
12/16/2020|12:13:02 AM|
Deutsche Hospitality to expand in China with two Steigenberger hotels; ITB China announces two industry events in Beijing and Shanghai next year.
TikTok affiliate registers a travel agency company in China
12/15/2020|6:44:47 PM|
ByteDance CEO is the controlling owner of the new firm.
Huazhu Group gears up for expansion in lower-tier cities
12/09/2020|11:31:23 AM|
The Chinese multi-brand hotel group mentioned that tier-3 and below cities accounted for 50% of the total pipeline at the end of October. The plan is to establish both middle-scale and economy brands in these places.
US ends 5 exchange travel programs; China bans 105 apps including Tripadvisor | Daily Brief
12/08/2020|11:13:47 PM|
Singapore, China to restore normal air travel "at appropriate time"; China orders mass coronavirus testing in Chengdu.
Counting on novel fintech offerings for travel–related buys
11/11/2020|8:04:51 AM|
The potential of fintech apps and the possibility of how payment and other finance-related activities can pave way for a travel-related buy are being evaluated in China.
Japan, China resume business travel; Infor launches cloud PMS in China | Weekly Review
12/05/2020|11:57:31 PM|
Trip.com Group-owned hotel chain Rezen invests in a hotel management firm; Homesharing giant Tujia's rural operation spin-off firm secures $15.3 million funding.
Meituan bounces back in Q3, witnesses peak daily GTV across main businesses
12/03/2020|7:24:08 PM|
Medicines, flowers, late-night snacks… Meituan chose to look at existing resources for going deeper into consumers’ lives. The company's hotel bookings shot up in Q3 as demand for hotels “entirely shifted inward domestically”.
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