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Huazhu Group gears up for expansion in lower-tier cities
12/09/2020|11:31:23 AM|
The Chinese multi-brand hotel group mentioned that tier-3 and below cities accounted for 50% of the total pipeline at the end of October. The plan is to establish both middle-scale and economy brands in these places.
Alibaba sells 3 million high-end hotel room nights; American Airlines back to China | Daily Brief
11/13/2020|4:00:05 AM|
China says it faces rising risks from imported cases, "not right time" for travel bubbles; Boeing expects China’s airlines to acquire 8,600 new airplanes valued at USD 1.4 trillion in 20 years.
China Southern shifts Beijing flights to new airport; Meliá to expand in China | Daily Brief
10/26/2020|10:37:45 PM|
Singapore-Hong Kong air travel bubble will be suspended if COVID-19 cases spike; Hong Kong Airlines cautious on expansion in wake of Cathay Dragon shutdown.
Japan-China business travel to restart; Outbound/inbound group tours still banned | Weekly Review
10/26/2020|1:40:55 PM|
Michelin Guide Shanghai 2020 unveiled; Hong Kong-Singapore travel bubble has one flight a day.
Japan, Singapore allow travelers from China; Lagardère extends China network | Daily Brief
10/31/2020|9:18:28 AM|
Trip.com Group’s live-stream marathon generates USD 56 million in GMV; Alibaba-backed Hellobike aims to take on Didi Chuxing in ride-hailing.
Japan, China resume business travel; Infor launches cloud PMS in China | Weekly Review
12/05/2020|11:57:31 PM|
Trip.com Group-owned hotel chain Rezen invests in a hotel management firm; Homesharing giant Tujia's rural operation spin-off firm secures $15.3 million funding.
Huazhu Group posts better-than-expected revenue growth in Q3
12/04/2020|8:37:54 PM|
Huazhu expects net revenues to grow by 0%-3% year-over-year for the fourth quarter.
Marina Bay Sands lands on Alibaba Fliggy; Trip.com debuts charter flights | Daily Brief
10/29/2020|11:04:28 PM|
Wyndham's Greater China RevPAR down by 29% in Q3; Cathay Pacific pilots and cabin crew accept permanent pay cuts.
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