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Expedia reports net loss of $391 million in Q4
02/12/2021|11:41:06 AM|
Lodging revenue decreased 58% in the fourth quarter of 2020 on a 61% decrease in room nights stayed.
OTA giants invest in hotel groups; Loss of Chinese tourists cost Australia $1.4 billion | Daily Brief
01/07/2021|5:11:34 PM|
Cathay extends ban on flights from UK to Hong Kong; Macau retailers eyeing an influx of mainland tourists to drive revenue.
Online travel giants Meituan, Tongcheng actively invest in hotel groups
01/07/2021|3:58:30 PM|
Chinese OTAs have a long history of buying into their hotel partners.
Hong Kong bans flights from UK; China's first Legoland park breaks ground | Daily Brief
12/23/2020|6:23:53 AM|
China is much closer to recovering hotel ADR than Europe, US; China Eastern works with Juneyao Airlines, China Telecom to offer in-flight Wi-Fi.
Macau has no guess on holiday visitors; China eyes full rebound of air travel | Daily Brief
01/13/2021|11:17:00 PM|
Chinese banks pump investment to boost cultural, tourism industries; Lagardère Travel Retail partners with Hainan Tourism.
Car-hailing giant Didi pilots hotel booking to expand corporate services
02/08/2021|10:31:03 AM|
Rather than becoming an OTA, Didi has a greater chance of success by growing its one-stop corporate travel management unit.
Airline connects with Pinduoduo via NDC; Hotel data startup secures $25M | Weekly Review
01/02/2021|11:18:56 AM|
Ctrip's group-tour report reveals a new era for small, private groups; India asks airlines not to fly Chinese nationals.
China brings down daily Covid cases; Universal Beijing Resort works with Tencent | Daily Brief
02/06/2021|12:35:15 AM|
Skyscanner changes leadership, focuses on post-pandemic recovery; United Airlines looks to Europe, China for overseas rebound.
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