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OTAs buy into hoteliers; MGM China advised to partner travel giants | Weekly Review
01/09/2021|9:49:25 PM|
China restricts travel for 11 million people in northern city; Weibo big data report shows family travel and “go west” are trending for hotels.
OYO picks its China executives to lead International, European units
02/01/2021|4:26:49 PM|
OYO founder Ritesh Agarwal said the company's China RevPar is back to 74% of pre-COVID level, OYO now has 2000+ hotels in the country and consistently is "adding thousands of rooms per month".
Fliggy partners with Amadeus; OYO reshapes international teams | Weekly Review
02/06/2021|11:03:18 PM|
Family-activity space provider Mini Mars secures Series A round funding; Universal Beijing Resort plans to bring in Tencent Games roles.
Alibaba Fliggy works with Amadeus; OYO China CEO to lead international units | Daily Brief
02/01/2021|10:55:37 PM|
China suspends most foreign nationals traveling from Canada; Chinese airlines among alleged victims of $10 billion embezzlement.
Hotel service robot supplier Yunji Technology secures $77 million in 10 months
01/19/2021|6:15:11 PM|
The Beijing-headquartered company is now serving more than 5,000 hotel clients and has been adding over 1,000 clients every month.
Huazhu projects Q4 revenues to surpass previous guidance
01/25/2021|3:16:28 PM|
RevPAR of the Legacy-Huazhu hotels (excluding Deutsche Hospitality) for the fourth quarter was RMB 186, down by 2.4% year-over-year, but up from RMB 179 in the previous quarter.
Chinese airlines return to profitability; Radisson Hotel grows in Asia Pacific | Weekly Review
01/17/2021|3:03:40 PM|
WeChat Pay aims to bring Chinese consumers to travel and hospitality; Chinese investment in Cambodia’s "next tourism hotspot" has raised concerns.
MGM advised to bring in new investor; China restricts travel in northern city | Daily Brief
01/07/2021|12:44:54 AM|
Qantas pushes back flights to Hong Kong, Japan; China Eastern Airlines subsidiary outlines launch network.
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China, Japan and South Korea target 40 million tourist exchanges by 2030

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