Search results for “group travel”
TikTok's China app rolls out new function to take on OTAs; WeChat boasts 1.3 billion+ users | Daily Brief
05/17/2023|7:20:36 PM|
Japan visitors rise after China eases travel curbs; Shiji signs major deal with Hilton on Infrasys Cloud.
Goldman Sachs buys hotel brands from Fosun; Disney denies Wuhan-project talks | Daily Brief
06/05/2023|6:16:50 PM|
Cruise industry to haul anchor in Q4; Hong Kong visitor arrivals surpass 10 million in five months.
Douyin, TikTok's Chinese version, launches calendar-based hotel booking to take on OTAs
05/17/2023|3:01:12 PM|
While service fee was only 4.5% of transaction value, the total cost for Douyin merchants is getting closer to traditional OTA commission cost taking into account other content operation costs.
H World sees 7-times growth in hotel network; HNA holds a 27% stake in Tuniu | Daily Brief
04/28/2023|6:51:07 PM|
Luxury travel retail poised to skyrocket with China’s reopening; Trip.com reveals Brit-mania as Kings Coronation looms.
Booking sells Meituan stake for $1.7 billion; China expects sharp rebound in tourism | Daily Brief
02/24/2023|10:28:10 PM|
Senators urge halt to Chinese carriers overflying Russia on U.S. flights; Marriott brings two brands to Suzhou mixed-use development.
Marriott beats market estimates on China recovery; Trip.com Group holds a 14.2% stake in Atour | Daily Brief
05/04/2023|9:04:07 PM|
Biden administration OKs boost in Chinese airline flights to US; China's holiday tourism rebound to pre-COVID levels boosts outlook.
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.
Trip.com Group posts revenue exceeding pre-pandemic level in the first quarter
06/08/2023|12:02:42 PM|
Domestic hotel bookings grew by more than 100% year over year.
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Trip.com Group reports 70% rise in Q1 international OTA platform revenue

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

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