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Huazhu domestic RevPAR recovers to 95% of 2019, European results still reeling
04/23/2021|8:03:38 PM|
The company is taking further cost reduction and cash flow measures in Europe.
Hotels account for 62% of China’s lodging industry, most in economy segment
05/19/2021|8:31:21 AM|
Only 18% or 50,000 hotel properties were in the midscale, upscale and luxury categories.
Trip.com net income rises 80% from previous quarter, domestic reservations fully recover
05/19/2021|7:40:58 AM|
Accommodation reservation revenue for the first quarter of 2021 was US$ 241 million, representing a 37% increase from the same period in 2020.
Tencent Cloud partners with Korea DMO; Royal Caribbean ship to debut in China | Daily Brief
04/23/2021|12:57:49 AM|
Hong Kong airport lounge firm eyes high-speed rail stations amid uncertain recovery in air travel; US raises Taiwan travel advisory to Level 3 "reconsider travel".
China opens border to 49 nations; HK Disneyland reports loss | Daily Brief
05/18/2021|11:35:16 PM|
Trip.com extends membership tier validity for 2021; Singapore, Hong Kong to postpone travel bubble again.
China to recognize Western vaccines; PayPal works on cross-border payments | Daily Brief
04/21/2021|11:37:41 PM|
Domestic revenue of Chinese travel agencies totals $18.33 billion last year; Chinese independent travelers seek authenticity in Europe dining, study finds.
Titanic replica to open as tourist destination; Myanmar wants to Chinese tourists back | Daily Brief
05/17/2021|10:59:34 PM|
China may have more to lose if borders open to tourists; China’s air travel market pulls ahead the US.
Trip.com works with Amadeus' cloud-based flight search platform
04/20/2021|3:01:23 PM|
Global online travel services provider signs long-term cloud technology agreement with the world's biggest GDS firm.
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