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Wyndham Hotels reports a 50% drop in second-quarter revenue
07/29/2020|2:28:13 PM|
Global comparable RevPAR declined 54% year-over-year.
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.
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.
Jin Jiang owns 13% stake in Accor; China’s July air traffic holds up | Daily Brief
08/05/2020|10:46:50 PM|
Amadeus launched Chinese-language chatbot capabilities to serve more travel agents in Asia Pacific; Brunei, China resumed direct flights.
Greater China continues to lead Hyatt Hotels' recovery
08/04/2020|6:31:08 PM|
RevPAR in Greater China has shown continued improvement since May, with preliminary estimates indicating occupancy reaching 57% at the end of July.
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.
OTA releases holiday big data report; Korea-China air routes double | Daily Brief
07/13/2020|11:40:53 PM|
Chinese regulator suspended an Air China route between Moscow and Beijing for one week due to passenger infection; Unlimited flight passes account for just a small fraction of airline's income.
China relaxes restriction on foreign agencies; Airbnb partners with Xiaomi | Daily Brief
08/27/2020|11:21:33 PM|
Airbnb adds 100,000+ new guests in China; Business travel in China is still slow.
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