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Trip.com Group’s Q3 accommodation revenue rose by 98% over Q2
12/04/2020|10:52:34 AM|
The domestic hotel market is leading the overall recovery, uplifting the entire travel sector in China. Trip.com Group’s accommodation revenue in Q3 was USD 365 million, a 98% increase from the previous quarter.
Trip.com Group’s Rezen Hotels invests in hotel management firm Donggu
12/04/2020|9:55:29 AM|
The OTA-owned hotel chain now operates more than 160 hotels that have over 20,000 rooms in total, as well as 10 million registered users.
China suspends 133 international flights; Trip.com Group focuses on content | Daily Brief
12/04/2020|3:07:07 AM|
GreenTree Hospitality registers 8.6% drop in revenues; Meituan bounces back in Q3, witnesses peak daily GTV across main businesses.
Meituan bounces back in Q3, witnesses peak daily GTV across main businesses
12/03/2020|7:24:08 PM|
Medicines, flowers, late-night snacks… Meituan chose to look at existing resources for going deeper into consumers’ lives. The company's hotel bookings shot up in Q3 as demand for hotels “entirely shifted inward domestically”.
GreenTree Hospitality registers 8.6% drop in revenues for Q3
12/03/2020|5:19:38 PM|
RevPAR was down by 19.8% year-over-year.
China to sanction Boeing; Indian-Wuhan flights set to restart | Daily Brief
10/28/2020|12:41:51 AM|
Study tours firm Sanmaoyou closes million-dollar funding round; China Eastern Airlines issues joint membership card partnering IHG, Guangfa Bank.
WeChat marketing firm raises $50M; Singapore searches on Trip.com surge | Daily Brief
11/04/2020|11:58:49 PM|
China is exempt from Hong Kong’s new quarantine; Beijing-Shanghai high-speed rail to implement floating fares.
Taiwan OTA accused of leaking data to China; Meituan posts 113M room nights | Daily Brief
11/30/2020|10:05:20 PM|
Fosun targets Greater Bay Area tourists with Thomas Cook resort on Zhuhai island; Japan, China resume business travel.
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