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TikTok's China app rolls out new function to take on OTAs; mainland resumes group tours from Taiwan | Weekly Review
05/20/2023|11:39:17 AM|
Hotel group Atour Lifestyle posts over 70% rise in first-quarter revenue; Hong Kong Disneyland trims annual loss by 12% last year.
Mandarin Oriental plans global expansion; mainland tourists to return to Taiwan’s outer islands in June | Daily Brief
05/25/2023|6:43:24 PM|
Sands China awaits government approval over new MICE hotel; Hong Kong and Guangdong will deepen cooperation.
Fewer Chinese visitors to upset Thailand’s tourism goal; Club Med rebrands for aggressive strategy | Daily Brief
06/28/2023|7:16:34 PM|
China travel spending figures show economy worse than 2019; Carnival will not return to China in 3 years.
South Korean airlines cut China flights; Alipay, Mastercard launch new payment option | Daily Brief
06/26/2023|6:49:16 PM|
Tourism Australia to woo Chinese visitors back; Cathay Pacific sees first half-year profit in three years.
Lifestyle hotel group reports 71% revenue growth; Air China in urgent pilot hunt | Daily Brief
05/18/2023|7:23:51 PM|
China offers 144-hour visa-free entry for Norwegian citizens; Langham Hotel Group accelerates expansion with DerbySoft Property Connector.
Douyin, TikTok's Chinese version, launches calendar-based hotel booking to take on OTAs
05/17/2023|3:01:12 PM|
While service fee was only 4.5% of transaction value, the total cost for Douyin merchants is getting closer to traditional OTA commission cost taking into account other content operation costs.
Tencent-backed Tongcheng Travel posts more than 50% rise in Q1 revenue
05/24/2023|6:48:19 PM|
Some 80% of Tongcheng's active users were contributed by Tencent's Weixin mini program.
Fast-lane services for cross-border travel resumes; Chinese airlines likely to return to profit this year | Daily Brief
05/11/2023|9:03:12 PM|
China Airlines exercises options for eight Boeing 787 Dreamliners; Outbound travelers willing to spend more.
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