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Shanghai International Resort tourism revenue tops $ 8.9 billion; OTA sees Hong Kong bookings surge | Daily Brief
04/25/2023|9:04:21 PM|
China plans Shanghai hyperloop “by 2035”; outbound tourism resumes with new travel trends across China.
China's top airlines post record annual losses; Trip.com Group has Baidu as largest shareholder | Weekly Review
04/01/2023|10:26:05 AM|
Marriott expects over 500 hotels in Greater China in 2023; Meituan’s local commerce segment shines even in tough Q4.
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.
Atour Lifestyle aims to operate 2,000 hotels by 2025
03/30/2023|8:27:15 PM|
The Chinese hotel group reported a net loss of USD 12 million for Q4, but a net income of USD 14 million for full year 2022.
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.
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.
Marriott beats market estimates on China recovery; Trip.com Group holds a 14.2% stake in Atour | Daily Brief
05/04/2023|9:04:07 PM|
Biden administration OKs boost in Chinese airline flights to US; China's holiday tourism rebound to pre-COVID levels boosts outlook.
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.
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