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Meituan reports domestic hotel room nights booked in 2021 up by 34.5% to 476.9 million
03/25/2022|5:31:27 PM|
Revenues from the in-store, hotel & travel businesses increased by 53.1% year over year to RMB32.5 billion in 2021.
Trip.com Group’s Liang highlights boost in content conversion rate
03/25/2022|1:58:43 PM|
The online travel company has made a pertinent attempt to develop a habit of browsing content among users of its app and also to monetize the same by working on content to transaction conversion rate.
Some $535 million invested in China’s ice-and-snow activity sector in seven years
02/17/2022|5:30:24 PM|
The number of newly registered companies in the sector grew from 647 in 2011 to 3,933 in 2021.
Tencent-invested online travel firm doubles profit in 2021
03/22/2022|10:53:26 PM|
Revenue increased 27% last year.
Club Med owner reports 31% rise in 2021 revenue
03/22/2022|10:16:54 PM|
Domestic business volume of Club Med China resorts grew by 57.2% last year.
China’s travel sector near pre-pandemic levels; Beijing to get Legoland theme park | Daily Brief
02/21/2022|11:27:36 PM|
Cathay Pacific expects to burn $128M each month due To quarantine rules; Mandarin Oriental to open private island resort in the Maldives.
China’s alternative accommodation industry in 2021: ADR falls below $48
01/28/2022|5:53:53 PM|
Over 75% of short-term rental properties saw revenue below RMB 1 million.
Air China agrees to pay $143,000 US fine; Hong Kong sees first Covid deaths in months | Daily Brief
02/10/2022|11:59:27 PM|
Hainan duty-free sales soar 156% during Spring Festival; Marriott International plans further Asia Pacific expansion.
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