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Chinese OTA giant faces tougher challenges in second quarter
05/30/2020|11:55:21 AM|
International transportation accounts for 50% of Trip.com Group's total transportation revenue, so transportation will be more vulnerable to the COVID-19 impact than hotels will.
Hotel PMS firm raises $14 million; China accused of blocking US flights | Daily Brief
05/25/2020|11:20:13 PM|
Car-hailing giant Didi started an international travel agency; Meituan recorded 45.5% fewer room nights due to pandemic impact.
Shanghai resort zone revenue grows 17%; Chinese airlines lose $2B in Q1 | Daily Brief
04/30/2020|1:17:55 AM|
TUI China kicks off curated short-haul holidays; South Korea has agreed with China to start facilitating some business travel between the two.
OTA denies mass layoffs; Klook lets go of hundreds | Daily Brief
04/21/2020|11:04:52 PM|
Tongcheng Group will merge Hongtu Airlines, Tongcheng International Travel Service and Tongcheng Travel into a new company called Tongcheng Aviation & Travel; China's airline market could see further consolidation.
Booking sells $106M Trip.com stake; United may resume China flights | Daily Brief
04/07/2020|11:35:20 PM|
The world's largest online travel group cut the stake in its Chinese counterpart by over 3 percentage points; Accor and Alibaba extend their strategic partnership.
IHG sees occupancy rise in Greater China; Chinese airlines have lost $3.1B | Daily Brief
03/24/2020|11:09:30 PM|
The gradual resumption of business in China has not helped domestic airlines make ends meet; Tokyo Olympics is postponed to 2021.
ITB China lands pioneering partnership with Meituan
10/14/2019|2:51:46 PM|
Meituan Hotel to become Partner OTA, Conference Area Sponsor and merchandise sponsor of ITB China 2020.
Foreign airlines exploring diverse options for distribution in China
09/30/2019|2:27:23 PM|
The interplay of ecosystems and travel e-commerce is driving foreign airlines to explore what the likes of Meituan and Tongcheng Elong have to offer.
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