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Chinese outbound tourism to normalize by mid-2024; Ant Group invests in a travel firm | Daily Brief
09/15/2023|6:53:27 PM|
Baidu unloads Trip.com shares; Singapore sees Chinese visitors to recover 30%-60%.
Meituan revenue rises 33% in Q2, netting a $644 million profit
08/25/2023|2:18:45 PM|
In-store, hotel & travel business grew with transaction volume up by over 120%.
Tourism market fueled by performances; US travel industry can’t make a full recovery without China | Daily Brief
08/08/2023|9:03:06 PM|
Cultural administration trying to tackle ticketing issues; Saudi Arabia taps Chinese tourists for growth amid wanderlust.
China-Russia tourism: a moderate recovery fueled by flight and visa resumption
07/27/2023|12:02:16 PM|
In the first half of this year, flights between the two countries increased by 435.4% year on year to more than 1,900, still only up to 21.7% of the 2019 level.
Didi boasts $14 billion value; Top tourism official says US needs China for a full travel recovery | Daily Brief
06/15/2023|10:40:28 PM|
Technology company HER.AI secures about $ 30 million; Hong Kong visitors in May back to 56% of the pre-pandemic levels.
Disney is unlikely to build a third resort in China; Leisure-focused OTA firm posts 52.3% rise in Q1 revenue | Weekly Review
06/10/2023|10:05:41 AM|
Legend Capital to sell some Atour shares for over $85 million; Goldman Sachs buys Casa Cook and Cook’s Club brands from Fosun.
Shanghai Disneyland raises prices; China Southern suspends staffer who called passenger a ‘dog’ | Daily Brief
05/29/2023|6:45:11 PM|
Passenger travel on Korea-China routes at 13% of pre-pandemic level; Boeing, Airbus send congratulations on C919's maiden commercial flight.
China Eastern operates first C919 commercial flight on Sunday; Meituan posts a record adjusted net profit | Weekly Review
05/27/2023|10:38:02 AM|
Cathay Pacific fires staff over clip about non-English speakers; China Southern Airlines begins building a new base.
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