Search results for “Accor China”
Alibaba buys a 5% stake in tour operator Utour for $56.5 million
09/29/2020|11:06:08 PM|
Alibaba and Utour will cooperate on product supply, channel and branding, big data technology, payment and system solutions.
Marriott posts 65% occupany in China; OTA believes in "revenge travel" | Daily Brief
09/16/2020|11:19:44 PM|
Huazhu prices global offering at HKD 297 to raise around USD 783 million; Alibaba may invest in Grab to bolster its business in Southeast Asia.
Booking sells $106M Trip.com stake; United may resume China flights | Daily Brief
04/07/2020|11:35:20 PM|
The world's largest online travel group cut the stake in its Chinese counterpart by over 3 percentage points; Accor and Alibaba extend their strategic partnership.
Trip.com works with Malaysia Airlines; More foreign carriers return to Shanghai | Daily Brief
07/25/2020|5:22:39 PM|
Chinese theme park operator made it third in the TEA/AECOM global theme park ranking; Chinese city built a new international airport double the size of Heathrow.
Daily flights in China rebound to 80%; Beijing airport to lose $100M in half year | Daily Brief
07/27/2020|10:36:51 PM|
Fosun warns investors of 76% slide in earnings as coronavirus ravages tourism business; Alibaba's credit scoring unit Zhima Credit launched a credit-based accommodation booking service.
Discount pricing + digital tools drive domestic travel transactions in China
07/23/2020|6:04:56 PM|
Chinese online platforms are focusing on digital tools, especially live-streaming, to revive spending. The plan is to drive domestic travel sales volume through discounts, a tactic being described as a short-term phenomenon.
Alibaba’s online travel arm Fliggy launches billion-dollar subsidy program
09/19/2020|12:34:18 AM|
The program is not a short-term marketing activity, but a long-term consumer-centric initiative for promoting merchants’ values, according to Fliggy president.
Home-sharing in China suffers 72.1% drop; Hotel giant changes directors | Daily Brief
07/24/2020|9:50:03 AM|
China's home rental market saw a 72.1% decline in transaction volume in January-May; 45% of the APAC respondents expect to travel within the next 6 months.
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