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OTAs vow to drop rate parity; Travel recovery to peak after September | Weekly Review
05/16/2020|10:49:34 AM|
IHG starts flagship store on Trip.com Group; 70% of OYO hotels in China are now back to business.
Meituan reports 8.9% rise in revenue, 17% decline in hotel room nights
08/22/2020|11:10:23 AM|
Hotel business continued to be significantly affected by the pandemic, with the number of domestic room nights consumed in the second quarter decreasing by 17% to 78 million.
Hilton tweaks strategy in China; Chinese tourism recovers faster than world | Daily Brief
08/19/2020|12:09:47 AM|
New Century Hotel reports $13 million net loss; Pandemic fails to slow China’s high-speed network expansion.
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.
APAC hotel markets show continued signs of recovery
10/26/2020|3:39:12 PM|
In September, 70% or better occupancy levels were registered in key China markets such as Sanya, Shenzhen, Chengdu and Xi’an, and these markets were showing year-over-year growth in the metric.
Japan-China business travel to restart; Outbound/inbound group tours still banned | Weekly Review
10/26/2020|1:40:55 PM|
Michelin Guide Shanghai 2020 unveiled; Hong Kong-Singapore travel bubble has one flight a day.
IHG partners with Ant Group; Shiji to sell US-based hotel software firm | Weekly Review
09/06/2020|4:18:52 PM|
Thailand partners with Alipay, Fliggy to lure Chinese travelers; Meituan reports the world’s highest hotel room nights for a quarter.
Thailand partners with Alipay, Fliggy; China offers vaccine to aviation workers | Daily Brief
09/04/2020|10:58:35 PM|
China is reopening borders for international flights from 8 countries; Cathay Pacific brings back Perth-Hong Kong flights.
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China records 160 million border crossings in Q3, a 30.1% year-on-year rise

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China sees a 78% year-on-year rise in Q3 international air travel

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