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Meituan’s local commerce segment shines even in tough Q4
03/26/2023|11:06:18 AM|
The company shared that operating profit of its local commerce segment, led by the food delivery business, rose by 41% in Q4, even as its hotel and travel business suffered during the same period.
Airbus inks deal for 160 aircraft in China; American Airlines cuts China routes | Weekly Review
04/08/2023|3:05:45 PM|
Shanghai reveals RMB 108 billion investment in tourism; domestic recovery to push China’s ‘Big Three’ back into black.
Hotel giant H World posts 10.7% revenue increase; domestic flights surpass pre-pandemic levels | Daily Brief
03/28/2023|9:54:43 PM|
China resumes 144-hour visa-free transit policy; Hong Kong tourism chief vows to tackle ‘poor quality’ tours.
China's temple tourism booms; Tourists embrace Europe as May holiday approaches | Daily Brief
04/03/2023|7:18:18 PM|
AirAsia X expands China network with flights to Beijing; Wanda Hotel to open up to 35 hotels in 2023 despite profit drop.
Marriott expects over 500 hotels in Greater China in 2023; DiDi’s autonomous driving starts commercial operation | Daily Brief
03/30/2023|9:33:00 PM|
Hong Kong tourism watchdog regulates budget tours; MGM China ends 2022 with loss of over HKD 5.2 billion.
Trip.com Group has Baidu as largest shareholder, over 90% transaction orders from mobile channels in 2022
03/28/2023|1:10:58 PM|
In 2022, Trip.com Group derived approximately 37% of the total revenues from accommodation reservation.
China logs about 40 million entry-exit trips in two months; Cathay Pacific sees business travel increase | Daily Brief
03/09/2023|6:31:35 PM|
Tencent-backed Airwallex secures payment license in Chinese Mainland; Trip.com Group to deepen collaborations to promote Japan as a key destination.
Thai tour guides fret over return of Chinese interlopers; US may ban on Chinese airlines using Russian airspace | Daily Brief
03/20/2023|7:08:52 PM|
Travelers, agents disagree over Hong Kong’s appeal; Chinese tourists unwilling to pay extra for sustainable travel.
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