Room nights from five-star hotels increased by more than 110% year over year in the fourth quarter.
Huazhu reports $471 million net income in Q4; Airwallex secures $100 million.
As at December 31, 2020, Lvji had developed 26,052 online tour guides covering tourist attractions in China and overseas.
China to promote use of safe international travel pass with Russia; Hong Kong leader vows to discuss travel deals with overseas governments.
By 2023, Fosun Tourism plans to open 16 new Club Med resorts, half of which will be located in China.
Autonomous vehicle tech firm Momenta raises $500M; Guangdong removes 7-day home quarantine for inbound arrivals.
The company's average monthly paying users increased by 5.9% year-to-year to 28.7 million in Q4 2020, but average monthly active users decreased by 4.8% to 196.0 million.
Hyatt increases footprint in Asia Pacific; Trip.com Group mimicks partner Tripadvisor with new content offerings.