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Home-rental firm works with lifestyle network; US weighs travel ban on Communist party | Daily Brief
07/16/2020|10:55:49 PM|
Shanghai Disneyland is adding guest capacity while Hong Kong park is closed; More international brands and eateries have opened at Shanghai's Hongqiao airport to serve increasing demand.
OYO China's CFO steps down; Rental platform partners with ByteDance | Weekly Review
07/12/2020|10:12:03 AM|
CEO of IHG's Greater China region saw more hotels joining chain brands after pandemic; Airbnb China reports more than 20% rise in active listings in June.
Travel recovery drags on in China; GDS giant expects losses in H1 | Daily Brief
06/30/2020|12:27:48 AM|
Renewed limits on social activities have dampened the pace of recovery in China; China's dominant airline IT provider TravelSky said it may record losses for the first half of year.
Britain's air bridges exclude China; Skyscanner launches Fare Families | Daily Brief
07/06/2020|10:14:36 PM|
Airlines in China rolled out discount packages one after another hoping to recoup money and boost consumption; Young tourists show growing interest in domestic travel but shrinking willingness to travel abroad.
Travel live streaming marks changes for digital marketing after COVID-19
06/24/2020|11:08:38 AM|
Live streamers need to offer popular and quality products at heavily discounted prices, but that may pose a dilemma between increasing demand and maximizing profitability.
Trip.com to borrow up to $1.5B; Airbnb lowers valuation by 16% | Daily Brief
04/03/2020|11:02:25 PM|
An investment firm indirectly associated with Trip.com Group wants to privatize online classifieds marketplace 58.com; OYO's CEO will forego his salary for the rest of the year.
Activities booking unicorn Klook acquires car rental firm Huizhuche
04/02/2020|3:26:04 PM|
A source told ChinaTravelNews that Klook spent less than USD 10 million in its acquisition of Huizhuche, a price tag much lower than the car rental firm's claimed value after its series B round.
China issues travel warning, Qunar eyes IPO and more this week
01/10/2020|3:00:31 PM|
Major Chinese airlines canceled direct flights to Iran or re-route other flights to avoid the airspaces of Iran and Iraq; UnionPay has attracted 28.5 million merchants outside of mainland China.
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