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Hotel giant Huazhu reports nearly 32% drop in Q2 revenue
09/15/2020|2:25:45 AM|
Occupancy at Legacy Huazhu was 79% in July and 84% in August.
Marriott China sees full recovery next year; US revokes 14-day quarantine | Daily Brief
09/14/2020|11:25:18 PM|
Cathay Pacific aims for "survival" as it grounds two-fifths of passenger fleet; Asia Pacific accounts for 41% of global scheduled flights in August.
Trip.com mulls Nasdaq delisting; TikTok takes on lifestyle-booking | Weekly Review
08/01/2020|11:09:18 PM|
Alibaba rolls out credit-based Accommodation At Will program Suixinzhu; Skyscanner offers DMOs free advertising slots.
Corporate travel startup Z-Trip raises $14 million, backed by Dazhong Dianping’s founder
08/13/2020|8:57:07 AM|
China’s business travel expenditure reached USD 401 billion in 2019, with the annual growth rate exceeding 9.2%.
IHG's Greater China RevPAR drops 62% in half year
08/12/2020|5:15:34 PM|
The Greater China area generated USD 18 million in half-year revenue for IHG, and that's only 1.4% of the UK-based hotel chain's global income in the period.
Cathay paves way for lay-offs; Deal renewal of TravelSky, China Eastern delayed | Daily Brief
09/12/2020|11:26:50 AM|
China begins $4.9 billion expansion project at a Silk Road airport; Accor announces its first flagship Fairmont Resort in Greater China.
Generation Z consumers present new growth engine for travel brands
08/02/2020|6:36:32 PM|
Some 10% of them make travel reservations on e-commerce platform Taobao, video-sharing app TikTok and lifestyle sharing platform Xiaohongshu.
WeChat no longer used at US airport; Mainland passengers allowed HK transit | Daily Brief
08/13/2020|10:41:42 PM|
Tencent-backed platform launched Super Group-Buying for hotel advance purchase; "Happy Flight" travelers crash Chinese airline's app with panic buying.
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