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Travel companies tap advance purchases; Disney hints at stricter checks | Weekly Review

Chinese travel executives look to advance purchase offerings for recovery; Carnival says China may be among the first areas to cruise again.

04/18/2020|12:58:40 PM|ChinaTravelNews

Trip.com investor ups Meituan stake; Hilton's China occupancy rises | Daily Brief

China's airline IT service giant TravelSky injects USD 141 million into a 5G-focused investment fund; Carnival said China might be among the first areas where cruise lines start sailing again.

04/17/2020|10:34:10 PM|ChinaTravelNews

OTA giant invests in PMS provider; payment startup raises $160M | Daily Brief

Hundreds of hotels in Wuhan call for government aid after voluntarily providing free rooms to medical workers battling coronavirus; Cathay Pacific carried 90% fewer passengers in March.

04/16/2020|6:24:56 PM|ChinaTravelNews

PMS provider GreenCloud gets Trip.com Group investment

All major PMS providers in China now have OTA investors following this deal.

04/16/2020|1:40:39 PM|ChinaTravelNews

Shanghai Disney steps up entrance checks; Chinese airlines lose $4.8 billion | Daily Brief

Finnair plans a joint venture with China’s Juneyao Air; Marriott's RevPAR drops 83% in Greater China in March.

04/15/2020|11:04:39 PM|ChinaTravelNews

Travel companies turn to live streaming and advance purchase for recovery

Advance purchases may not be just a provisional measure during epidemic but a regular project that will stay.

04/13/2020|2:43:20 PM|ChinaTravelNews

Major shareholders cut stakes in Trip.com Group

Baidu and Booking Holdings have both taken a step back and sold part of their stakes in the Chinese online travel giant.

04/12/2020|10:01:14 AM|ChinaTravelNews

Trustdata: Hotel room nights in China grow to 806 million in 2019

Domestic hotel room nights sold through online booking channels increased 26.7% year on year in 2019.

04/10/2020|10:38:40 PM|ChinaTravelNews
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