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Accor reports nearly 50% revenue drop in Q1 2021

In Asia-Pacific, RevPAR fell by 54.8%, with mixed performances by region.

04/22/2021|5:23:56 PM|ChinaTravelNews

China to recognize Western vaccines; PayPal works on cross-border payments | Daily Brief

Domestic revenue of Chinese travel agencies totals $18.33 billion last year; Chinese independent travelers seek authenticity in Europe dining, study finds.

04/21/2021|11:37:41 PM|ChinaTravelNews

China state media promotes Korea tourism; Hilton eyes 400th hotel this year | Daily Brief

Trip.com works with Amadeus' cloud-based flight search platform; Hong Kong gives green light for world-class sport to return in May.

04/20/2021|10:12:49 PM|ChinaTravelNews

Hilton APAC president: Mid-scale segment will only get bigger in China

Hilton aims to open its 400th hotel in Greater China this year.

04/20/2021|10:01:00 PM|ChinaTravelNews

Lifestyle hotel brand seeks IPO; China to approve 1st foreign vaccine by July | Daily Brief

Hong Kong, Macau tightens flight ban, quarantine rule to fight mutant strain; Hong Kong, Singapore target mid-May for travel bubble deal.

04/19/2021|10:53:17 PM|ChinaTravelNews

Lifestyle hotel brand Atour reportedly plans $300m US IPO

The company was backed by Legend Capital and Alibaba’s former CEO Mr. Zhaoxi Lu in previous funding round.

04/19/2021|3:57:18 PM|ChinaTravelNews

Global hotel brands expand in China; Beijing posts highest RevPAR since Nov | Weekly Review

China’s tourism to rake in $195 billion in first half of year; Corporate travel startup Z-Trip raises $14 million.

04/17/2021|10:51:28 PM|ChinaTravelNews

China climbs in travel freedom rankings; Corporate travel startup Z-Trip raises $14M | Daily Brief

Upscale hotel group New Century starts procedures of delisting; SIA, Scoot to stop carrying transit passengers to Hong Kong when flight suspensions lift.

04/16/2021|11:23:08 PM|ChinaTravelNews
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