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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.
Club Med owner Fosun Tourism narrows annual loss to $77 million in 2022
03/27/2023|11:07:17 AM|
The business volume of Club Med in Mainland China recovered to 54.3% of that of the same period in 2019.
China lifts mask mandate for public transport; theme park operator seeks opportunities in Middle East | Daily Brief
04/13/2023|7:19:00 PM|
Air China to resume Auckland flights in May; Hainan is expected to hone its tax-free appeal to outdo Southeast Asia trips.
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.
Hotel giant H World posts 10.7% revenue increase for Q4, net loss narrows to $19 million
03/27/2023|8:54:17 PM|
H World expects its YoY revenue growth to be in the range of 61%-65% in 2023 Q1.
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.
Alibaba reorganizes into 6 units; Club Med owner says resort is ‘not for sale’ | Daily Brief
03/29/2023|11:21:40 PM|
Meituan co-founder acquires AI startup; Hong Kong’s travel industry council builds new B2B platform.
China offers unified train ticketing app; Macau casinos shut thousands of hotel rooms | Daily Brief
04/06/2023|9:36:52 PM|
Shanghai invests RMB 108 billion in tourism; Cathay Pacific outlines sustainability commitments.
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