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OTA buys a stake in airport app; E-commerce site adds flight booking service | Daily Brief

EU chamber urged China to cut subsidies to inefficient airlines; Marriott hotels' occupancy rate in China rose to 40%.

06/02/2020|11:30:38 PM|ChinaTravelNews

Top Chinese carriers confident of their FFP members staying loyal

Chinese carriers not only took initiatives to assure their loyalty program members about the utility of loyalty currency and membership benefits, but they also paved way for smaller non-air redemptions to subsidize member's shopping for essentials during the coronavirus crisis.

06/04/2020|9:08:15 AM|ChinaTravelNews

Skyscanner to change CEO; Singapore-China to open essential travel corridor | Daily Brief

Major Chinese airlines have issued an unprecedented USD 12.7 billion worth of short-term notes since January; Chinese airlines operated more flights than US counterparts in May.

06/01/2020|11:28:16 PM|ChinaTravelNews

Didi starts international travel agency; Trip.com faces more challenges | Weekly Review

The worse is yet to come as Trip.com Group projected net revenue to drop by 67%-77% in Q2; TravelSky sells a stake in its consumer-facing app to China Southern Airlines.

06/01/2020|10:59:28 AM|ChinaTravelNews

Tuniu appoints financial controller; Chinese airlines on track for recovery | Daily Brief

Trip.com Group posted a 62% drop in accommodation and a 29% decrease in transportation; Global travel disruptions are the top concern for American businesses in China.

05/30/2020|2:37:22 PM|ChinaTravelNews

Chinese OTA giant faces tougher challenges in second quarter

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.

05/30/2020|11:55:21 AM|ChinaTravelNews

China Southern invests in TravelSky's consumer-facing App; China to triple international flights | Daily Brief

TravelSky wants to explore monetization for the Umetrip app; China plans to allow chartered passenger flights from eight countries as it loosens restrictions on inbound travel.

05/29/2020|12:09:19 AM|ChinaTravelNews

TravelSky sells a stake in its consumer-facing App to China Southern

The state-controlled giant is taking a step to better adjust to the market-based economy and explore monetization for its app unit.

05/28/2020|2:34:11 PM|ChinaTravelNews
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