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Global hotel performance in 2020 breaks the charts
02/11/2021|9:32:12 AM|
Abu Dhabi’s strict quarantine laws are helping hotel occupancy and reducing that weekday-weekend gap.
Travel experience booking platform Klook raises $200 million in Series E round
01/26/2021|9:39:19 AM|
Ethan Lin, co-founder and CEO of Klook, said there is “no significant fluctuation in valuation”.
'We’re not shy of the battle': Webjet to take on Expedia, Booking.com in online hotel market
01/22/2021|3:27:54 PM|
Following its cost-cutting initiatives, Webjet only needs the travel market to return to 50% of its previous levels for it be profitable again.
Ocean Park seeks HK$2.8 billion to survive; Travel agencies beef up local tours | Daily Brief
01/19/2021|10:54:05 PM|
Greater China leads Marriott's global recovery; India reopens Ladakh lake bordering China for tourism.
Chinese airlines return to profitability; Radisson Hotel grows in Asia Pacific | Weekly Review
01/17/2021|3:03:40 PM|
WeChat Pay aims to bring Chinese consumers to travel and hospitality; Chinese investment in Cambodia’s "next tourism hotspot" has raised concerns.
Macau has no guess on holiday visitors; China eyes full rebound of air travel | Daily Brief
01/13/2021|11:17:00 PM|
Chinese banks pump investment to boost cultural, tourism industries; Lagardère Travel Retail partners with Hainan Tourism.
A big Chinese backer would be roll of dice for MGM
01/08/2021|6:49:18 PM|
Although it would complicate deals at home and elsewhere, the idea has plenty of merits.
China is excluded from Philippines' travel ban; Sanya's tourism rebounds rapidly | Daily Brief
01/09/2021|4:25:11 PM|
Railways allow ticket refund as China advises against unnecessary trips; Agoda finds 40% of Chinese travelers look forward to travel with family, friends.
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Cities advise against holiday travel; Airline capacity hits 2022 high | Daily Brief

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