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Meituan CEO: Demand for travel was stronger in Q2 versus Q1
09/03/2021|10:06:57 AM|
Q2 started by facilitating recovery in the travel sector in China before travel restrictions came back to disrupt the same. Nevertheless a company of Meituan’s stature proved that they can sustain their growth trajectory in their hotel business.
Fosun opens new hotel in Europe; Universal Beijing off to good start amid cold ties | Daily Brief
09/15/2021|9:23:32 PM|
China hotel market sentiment rallies; China advises against overseas travel during national holidays.
OTA to renew deal with Tencent; China tests Olympic restrictions at domestic games | Daily Brief
09/09/2021|10:18:24 PM|
China wants airline passengers from Portugal to quarantine three weeks; Meituan starts trial to promote digital yuan, low-carbon travel.
Club Med aims to double resorts in China; OTA acquires PMS firm | Daily Brief
09/28/2021|11:20:38 PM|
Sabre enhances partnership with Shiji to enable hoteliers to access Chinese travel market; Huazhu Group appoints CEO for international business.
Trip.com reports $100M net loss in Q2, domestic market sees strong recovery
09/24/2021|10:14:44 AM|
Revenues from corporate travel management grew 141% year over year and 26% compared with the pre-COVID period in 2019.
Alibaba’s travel brand Fliggy makes strategic investment in home-sharing platform Xiaozhu
09/25/2021|2:43:34 PM|
As of June 2021, Xiaozhu had more than 800,000 listings on its platform.
Alibaba to invest $23 million in online bus ticketing platform backed by Trip.com, Meituan
09/24/2021|1:08:07 PM|
The platform’s operating revenue rose 69% in the first half of 2021.
Travel brands look at novel ways to connect with Gen Z in China
08/03/2021|9:26:34 AM|
Gen Z is playing a vital role in recovery of the travel sector. Companies must continue to respond to the expectations of this cohort as desired.
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Xiaohongshu- and Trip.com-invested PMS startup Smart Order eyes global expansion

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Lufthansa plans to suspend Beijing flights as German investments in China reach record high

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Trip.com Group reports 70% rise in Q1 international OTA platform revenue

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