Search results for “business expansion”
Universal Studios Beijing draws eager crowds; Holiday travel recovers to 87% of 2019 levels | Daily Brief
09/22/2021|10:09:08 PM|
Cambodian Prime Minister said Chinese tourists may be first in tourism revival; HNA to be broken into four independent units as Chinese conglomerate’s restructuring enters final stretch.
Asia, Europe or Africa - Chinese hotel chains are going overseas despite headwinds
05/11/2021|5:36:59 PM|
Chinese hotel groups have mixed results in overseas expansion. It’s an industry-wide issue.
Meituan posts “stellar growth” for first quarter in hotel & travel segment
05/28/2021|6:26:19 PM|
In-store, hotel & travel segment reports a revenue of RMB6.6 billion, an increase of 112.7%.
China sees 88,000 new short-term rental enterprises registered in three years
09/20/2021|7:29:36 PM|
In the first eight months of this year, there were 25,000 newly registered short-term rental enterprises.
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.
Tourism and hospitality sectors in China remain bullish despite Covid
09/08/2021|10:00:53 AM|
The upcoming holidays are expected to help boost business.
HNA chairman, CEO arrested by police; Alibaba invests in Trip.com- and Meituan-backed firm | Daily Brief
09/24/2021|10:29:30 PM|
Trip.com reports $100M net loss in Q2, with strong recovery in domestic market; Shanghai to lead China's duty-free economy.
China wants safe, sound travel rebounds; Shanghai resumes flights after typhoon | Daily Brief
09/14/2021|9:08:12 PM|
Macau inbound travel limits likely until 2022; China orders Meituan, Didi to improve gig worker conditions.
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