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Major OTA reports 43.6% drop in revenue; China buys into Norwegian Air | Daily Brief
05/21/2020|5:16:44 PM|
Travel distribution firm DerbySoft is building new connections with Airbnb and HotelTonight; Marriott expects East Asia to lead the recovery with millennial customers.
Beijing to resume direct international flights; ONYX names China head | Daily Brief
09/03/2020|10:27:48 PM|
China's summer holiday travel boosts domestic tourism; Hanting eyes 5,000 outlets in 3 years.
Greater China leads Hyatt recovery; Generation Z brings new engine | Weekly Review
08/08/2020|11:39:08 PM|
Booking Holdings gets a triple return on Meituan investment; Jin Jiang remains Accor's biggest shareholder with a 13% stake.
Hotel giant responds to short seller report; Hong Kong Disney to reopen | Daily Brief
09/23/2020|9:49:24 AM|
Hong Kong bans Cathay Dragon flights from Kuala Lumpur; Japan Airlines increases flights to Dalian.
Chinese OTA Tuniu reports 97% drop in packaged-tour revenue
08/28/2020|7:01:56 PM|
The company expects net revenues to decline 80%-90% year-over-year in Q3.
Fosun Tourism rebrands Thomas Cook as a lifestyle online platform
08/07/2020|10:34:03 PM|
The acquisition and integration of Thomas Cook’s brand assets converge with Fosun Tourism’s strategy of integrating industry operations with strategic investments.
Video sharing app TikTok challenges Ctrip and Meituan in their stronghold
07/30/2020|12:24:25 AM|
Video sharing platforms TikTok or Kwai are more interested in carving out their own niche in the local lifestyle services segment rather than being merely a traffic portal for Ctrip and Meituan.
Unlimited passes are fine, but airlines must focus on passenger confidence
08/19/2020|5:58:40 PM|
Sales initiatives like unlimited flight passes can pave way for a decent sized cash-flow injection in the short-term. In addition to exploring more options for revenue generation, there is also a need to focus on other aspects to boost the passenger confidence.
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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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