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Japan, China resume business travel; Infor launches cloud PMS in China | Weekly Review

Trip.com Group-owned hotel chain Rezen invests in a hotel management firm; Homesharing giant Tujia's rural operation spin-off firm secures $15.3 million funding.

12/05/2020|11:57:31 PM|ChinaTravelNews

OTA hotel chain makes investment; Homestay giant's spinoff firm secures funding | Daily Brief

China's hotel titans put Marriott and Hilton to shame; Huazhu posts better-than-expected revenue growth in Q3.

12/05/2020|1:39:24 PM|ChinaTravelNews

Huazhu Group posts better-than-expected revenue growth in Q3

Huazhu expects net revenues to grow by 0%-3% year-over-year for the fourth quarter.

12/04/2020|8:37:54 PM|ChinaTravelNews

Trip.com Group’s Q3 accommodation revenue rose by 98% over Q2

The domestic hotel market is leading the overall recovery, uplifting the entire travel sector in China. Trip.com Group’s accommodation revenue in Q3 was USD 365 million, a 98% increase from the previous quarter.

12/04/2020|10:52:34 AM|ChinaTravelNews

Trip.com Group’s Rezen Hotels invests in hotel management firm Donggu

The OTA-owned hotel chain now operates more than 160 hotels that have over 20,000 rooms in total, as well as 10 million registered users.

12/04/2020|9:55:29 AM|ChinaTravelNews

China suspends 133 international flights; Trip.com Group focuses on content | Daily Brief

GreenTree Hospitality registers 8.6% drop in revenues; Meituan bounces back in Q3, witnesses peak daily GTV across main businesses.

12/04/2020|3:07:07 AM|ChinaTravelNews

GreenTree Hospitality registers 8.6% drop in revenues for Q3

RevPAR was down by 19.8% year-over-year.

12/03/2020|5:19:38 PM|ChinaTravelNews

Infor launches cloud PMS in China; United, American halt non-stop flights | Daily Brief

Trip.com Group reports first profit post-pandemic; Dynamic fares arrive on Beijing-Shanghai high-speed rail.

12/03/2020|1:28:26 AM|ChinaTravelNews
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