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Discount pricing + digital tools drive domestic travel transactions in China
07/23/2020|6:04:56 PM|
Chinese online platforms are focusing on digital tools, especially live-streaming, to revive spending. The plan is to drive domestic travel sales volume through discounts, a tactic being described as a short-term phenomenon.
OTA expects domestic full recovery; Marriott sees occupancy returning | Weekly Review
07/26/2020|11:42:47 AM|
China's home-sharing market recorded a 72.1% drop in January-May; More foreign carriers resume flight service to Shanghai.
Travel recovery drags on in China; GDS giant expects losses in H1 | Daily Brief
06/30/2020|12:27:48 AM|
Renewed limits on social activities have dampened the pace of recovery in China; China's dominant airline IT provider TravelSky said it may record losses for the first half of year.
Less Chinese travelers visit Korea; British Museum plays live streaming on Fliggy | Daily Brief
07/03/2020|12:58:51 AM|
Global passenger demand saw a mild uptick driven by China's recovery; China Eastern Airlines stops selling popular “weekend-unlimited” passes.
Accor works on travel recovery; China tightens traveler check in Beijing | Daily Brief
06/25/2020|9:33:32 AM|
China remains the single largest country with some 11.9 million scheduled flight seats last week; Accor worked with Ctrip, Fliggy, Meituan and WeChat to capture domestic demand in China.
Home-rental firm works with lifestyle network; US weighs travel ban on Communist party | Daily Brief
07/16/2020|10:55:49 PM|
Shanghai Disneyland is adding guest capacity while Hong Kong park is closed; More international brands and eateries have opened at Shanghai's Hongqiao airport to serve increasing demand.
Chinese OTA regains compliance with Nasdaq's minimum share price requirement
06/29/2020|11:49:59 PM|
Tuniu has not been profitable for the past six years as a public company. As of June 26 this year, the company's market capitalization was around USD 140 million.
Cathay unveils $5B bailout plan; Asian countries to build more travel bubbles | Weekly Review
06/14/2020|10:50:01 AM|
China's aviation regulator plans to increase international flights as the demand is skyrocketing; Thailand said China, Japan are interested in travel bubbles.
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