Search results for “Investment”
China trends fuel Marriott's recovery confidence; Viacom to build resort in Hainan | Daily Brief
05/11/2021|2:19:21 AM|
Trip.com Group's Star Hub channel launches with over 100 leading travel partners on board; Pilot travel bubble across Taiwan Straits postponed.
OTA rolls out travel marketing hub; Alibaba, Hilton integrate membership | Weekly Review
04/04/2021|11:24:18 PM|
TravelSky net profit plunges 85% in 2020; Tongcheng-Elong acquires a corporate travel firm.
Expedia posts a net loss of $581 million in Q1, with leisure travel leading the recovery
05/07/2021|8:49:11 AM|
For the first quarter of 2021, total gross bookings decreased 14%, with lodging bookings experiencing year-over-year growth in the first quarter.
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).
Camp education institute Stateside Adventures nabs multi-million yuan investment
03/14/2019|12:51:47 PM|
In 2018, Stateside Adventures tripled the number of enrolled students year on year. The gross profit margin was nearly 50%, and the operating revenue was about RMB 30 million.
OTA rolls out travel marketing hub; Fosun relaunches Cook’s Club in UK | Daily Brief
04/01/2021|11:08:59 PM|
Singapore, China are discussing travel resumption; Hong Kong’s travel bubble hopes for Singapore, Australia depend on pandemic control, vaccination.
Smart hotel solution provider Xiezhu receives USD 45.6 million in Series B financing
03/31/2021|12:17:21 PM|
The proceeds will be used for product R&D, market expansion and customer service.
Elong Hotel debuts in Shanghai, forming a new OTA-hotel relationship
04/26/2021|11:34:59 AM|
Elong Hotel has signed up 62 properties for its four brands, most of them are franchised hotels in lower-tier cities in eastern, southern and central China.
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China sees a 78% year-on-year rise in Q3 international air travel

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