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China considers differentiated visa policies; Co-living startup helps hotels switch to monthly leases | Daily Brief
03/22/2021|9:53:07 PM|
Hyatt increases footprint in Asia Pacific; Trip.com Group mimicks partner Tripadvisor with new content offerings.
Travel brands assess efficacy of content in evolved purchase loop
04/15/2021|5:55:47 PM|
The role of content and blending it with commerce is getting refined in China. Hotel companies also need to re-work on their tech stack to ensure they end up having a better grip on the customer journey.
Sabre reports a net loss of $311 million for Q4
02/17/2021|10:41:11 AM|
Operating loss was USD 988 million, versus operating income of USD 363 million in 2019.
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.
Ambition, competition drive international theme park operators to accelerate expansion in China
03/14/2021|6:46:15 PM|
Merlin Entertainments planned to build 20 more Legoland parks over the next few years, at least five of them will be in China.
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.
Airbnb reports 22% revenue decline in Q4, “outperforming hotel groups and OTAs”
02/26/2021|8:27:26 AM|
The recovery in Asia Pacific continues to take time.
Domestic and international trips in China expected to rebound in second half
03/02/2021|6:25:44 PM|
Outbound travel is expected to increase by 70% compared to 2020.
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