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Local tourism partnerships key to kindle international Chinese travel demand
03/08/2021|6:22:19 PM|
There is a strong desire for familiar and trustworthy products amongst Chinese travelers and local operators will typically have first-hand experience in promoting to the individuals.
Hotel giant seeks innovative structure; Beijing tourism revenue plunges 53% | Daily Brief
03/25/2021|11:53:51 PM|
Huazhu reports $471 million net income in Q4; Airwallex secures $100 million.
Major Chinese OTA Tongcheng-Elong sees "continuing robust recovery trend" in Q4
03/23/2021|5:55:54 PM|
The company's average monthly paying users increased by 5.9% year-to-year to 28.7 million in Q4 2020, but average monthly active users decreased by 4.8% to 196.0 million.
China’s outbound travel expenditure tops USD 127.5 billion in H1 2019
09/30/2019|9:50:21 AM|
Asian destinations captured 54% share of the total Chinese outbound tourists spending, while America and Europe claimed 24% and 13% respectively.
Car-hailing giant Didi pilots hotel booking to expand corporate services
02/08/2021|10:31:03 AM|
Rather than becoming an OTA, Didi has a greater chance of success by growing its one-stop corporate travel management unit.
Booking Holdings revenue halved in 2020, predicting Apple’s entry into online travel reservations marketplace
02/25/2021|8:11:11 AM|
Net income for the full-year 2020 was USD 59 million, a 99% decrease versus the prior year.
Agoda leads Booking Holdings’ APAC partnerships, capitalizing on China market
02/08/2021|7:44:35 AM|
Meituan and Didi are deemed Booking Holdings’ “strongest partners” in China.
Accor hosts ALL Business Forum with key industry leaders to share insights towards the futures together
11/21/2020|2:43:47 PM|
Capitalizing upon the business trending up momentum, the business travel sector will shape the future for a sustaining and even more robust industry.
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