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Corporate expense management platform Fenbeitong secures $92.5 million from Tencent, Hillhouse
03/19/2021|1:46:34 PM|
The company’ revenue grew 300% annually over 2018-2020.
Travel sector eyes consumers from lower-cities in China
04/13/2021|11:25:41 AM|
The travel sector is counting on consumers from lower-tier cities as a vital cog for not only revenue generation in the short-term, but also as a growth engine for the future.
OTA's international revenue drops; Hotel membership startup secures new funding | Daily Brief
03/16/2021|10:58:14 PM|
China asks visa applicants to get inoculated with Chinese-made vaccines; Leisure-focused OTA Tuniu expects to narrow revenue drop next quarter.
Tencent, Trip.com invest in new firm; Travel to rebound in second half | Daily Brief
03/01/2021|9:26:17 PM|
Barceló Hotel Group partners with Plateno, Betterwood to expand in China; China’s economic recovery slows amid holiday disruptions.
Local trips and staycation a hit during Spring Festival, with ballooning demand for scenic spot ticketing
02/22/2021|2:56:13 PM|
The average value of high-end hotel reservations hit USD 450.5 over the holiday, up 407% from January.
Marriott focuses on “brand+destination” in China; Lawmakers advise vaccine passports | Daily Brief
03/05/2021|10:47:17 PM|
European winter destinations look to Chinese outbound tourists post-pandemic; Hong Kong businessman backs AirAsia with HK$400 million investment.
Indian groups worry about China travel curbs; Cathay eyes limited London return | Daily Brief
04/10/2021|12:27:16 AM|
Global domestic air demand declines largely due to weakness in China travel; Genting Hong Kong reveals $1.72 billion annual loss.
Trip.com to get listed in HK in April; China may see V-shape rebound | Weekly Review
02/27/2021|11:16:04 PM|
WeChat tourist attraction scam is back in business; China cleared all COVID-19 high-risk areas.
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