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OTA expects domestic full recovery; Marriott sees occupancy returning | Weekly Review
07/26/2020|11:42:47 AM|
China's home-sharing market recorded a 72.1% drop in January-May; More foreign carriers resume flight service to Shanghai.
Internet travel company Mounsey receives $7 million
06/17/2020|9:57:52 AM|
Mounsey boasts 2,500 branded outlets in China and aims at exceeding 10,000 outlets in three years.
Shared lodging brand Islands secures tens of millions of yuan in financing
04/17/2018|8:51:26 AM|
Islands pools together existing room inventories in centrally located neighborhoods and lease them at 80% of the operating cost, to help generate returns on otherwise unused room stocks.
Beijing travel searches surge 500%; TravelSky half-year profit to drop 120% | Daily Brief
07/20/2020|10:22:11 PM|
Search volumes for group tours and self-guided travel skyrocketed by 500% after China announced to resume group tours; China allows three airlines more international flights.
Camp education institute Stateside Adventures nabs multi-million yuan investment
03/14/2019|12:51:47 PM|
In 2018, Stateside Adventures tripled the number of enrolled students year on year. The gross profit margin was nearly 50%, and the operating revenue was about RMB 30 million.
Trip.com Group offers $500 million notes convertible to Huazhu ADS
07/13/2020|3:31:02 PM|
The OTA plans to use proceeds from the notes to repay existing debts.
Skyscanner to change CEO; Singapore-China to open essential travel corridor | Daily Brief
06/01/2020|11:28:16 PM|
Major Chinese airlines have issued an unprecedented USD 12.7 billion worth of short-term notes since January; Chinese airlines operated more flights than US counterparts in May.
Huazhu restructures for global plan; Trip.com Group buys Dutch OTA | Weekly Review
05/23/2020|9:22:05 PM|
OYO has finally appointed a CEO for its China unit; The world's top 50 hotel brands are losing USD 14 billion in value.
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GBTA launches global equity program to support business travel professionals in emerging markets through sponsored memberships

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China, Japan and South Korea target 40 million tourist exchanges by 2030

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