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Chinese hotel giant Huazhu reaps 15% of annual revenue from overseas unit
04/25/2021|5:55:27 PM|
As of last year, Huazhu still held USD 897 million worth of investments in companies including Accor (USD 593 million) and OYO (USD 10 million).
Understanding how Meituan staged recovery of room bookings
03/30/2021|10:30:48 AM|
The company’s cohesive effort, where safety and consumption were interwoven via health-related campaigns, and buying was fueled via attractive coupons or vouchers, delivered positive results.
Tour operator has 180 days to buy OTA stake; Carnival China prepares new team | Daily Brief
11/21/2020|10:24:33 AM|
Firms looking to cash in on travel bug of senior citizens; Hong Kong looks to mainland China for the next air travel bubble.
OTA hotel chain makes investment; Homestay giant's spinoff firm secures funding | Daily Brief
12/05/2020|1:39:24 PM|
China's hotel titans put Marriott and Hilton to shame; Huazhu posts better-than-expected revenue growth in Q3.
Wyndham eyes exceptional conditions for growth in China
06/22/2021|3:07:08 PM|
After Wyndham's decision to restructure its team in the APAC region last year, the group is building on its direct franchising in China and also plans to target consumers from lower-tier cities.
Upscale hotel chain, travel group make investments; OTA works on live-stream | Daily Brief
12/24/2020|12:03:59 AM|
Club Med of Fosun Tourism speeds up recovery in Asia Pacific; ForwardKeys predicts China outbound travel to rise over 80% in 2022.
China to recognize Western vaccines; PayPal works on cross-border payments | Daily Brief
04/21/2021|11:37:41 PM|
Domestic revenue of Chinese travel agencies totals $18.33 billion last year; Chinese independent travelers seek authenticity in Europe dining, study finds.
Fosun Tourism reports 74.5% business volume decrease in Q1 2021
04/21/2021|3:14:44 PM|
In the first quarter of 2021, Thomas Cook China and UK achieved a cumulative GMV of approximately RMB 163.2 million.
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