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Taiwan OTA accused of leaking data to China; Meituan posts 113M room nights | Daily Brief

Fosun targets Greater Bay Area tourists with Thomas Cook resort on Zhuhai island; Japan, China resume business travel.

11/30/2020|10:05:20 PM|ChinaTravelNews

Meituan posts 113.9 million domestic hotel room nights in Q3, up by 3.7%

Thanks to China’s effective control measures and stronger traveling demands during the summer, cross-city and business travel both recovered well in comparison to previous quarters.

11/30/2020|6:43:34 PM|ChinaTravelNews

Tongcheng-elong’s CEO throws light on effective recovery strategy in Q3

The company is looking at cost-effective traffic sources, especially in lower-tier cities, and banking on technological innovations going forward. The plan is to have 200 million annual paying users by 2021.

11/28/2020|8:52:19 PM|ChinaTravelNews

Travel brands count on online social posts to stay afloat

Whatever is being expressed on platforms like Twitter, Weibo or TikTok is an indication of how travel is being missed and proactive companies have already tried to make the most of the same.

11/26/2020|8:21:41 AM|ChinaTravelNews

China proposes global travel QR code; Officer leaves Airbnb on data concerns | Daily Brief

Shanghai airport momentarily descends into chaos after workers test positive; Lifestyle travel brand Betterwood gets new investment.

11/24/2020|7:18:04 AM|ChinaTravelNews

China is going to be a locomotive for the travel train: Booking Holdings CEO

Known for his balanced perspective, Booking Holdings’ CEO Glenn Fogel believes that one shouldn’t expect immediate rebound despite emerging developments around vaccines.

11/26/2020|11:56:37 AM|ChinaTravelNews

Tencent-backed OTA reports $292 million in revenue, almost back to the same level of last year in Q3

The year-to-year decrease of adjusted profit was narrowed down to 11.2% in the third quarter of 2020 from 43.2% in the previous quarter.

11/23/2020|6:23:16 PM|ChinaTravelNews

China remains top travel source; HK-Singapore bubble postponed | Weekly Review

Xbed hotel brand raises more than $15 million; Tour operator group Caissa has 180 days to pay and acquire OTA Tuniu's shares.

11/22/2020|2:31:05 PM|ChinaTravelNews
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