Search results for “trends”
China advises less overseas travel; Tourists decline hits luxury sector | Daily Brief
09/23/2020|11:27:08 PM|
China Duty Free Group tops first-half global travel retailer rankings; Asia Pacific hotels report continued improvement but at low levels.
Hotel giant Huazhu reports nearly 32% drop in Q2 revenue
09/15/2020|2:25:45 AM|
Occupancy at Legacy Huazhu was 79% in July and 84% in August.
HNA Group partners with Alibaba Fliggy; Thomas Cook back in UK as OTA | Daily Brief
09/08/2020|11:16:27 PM|
Tencent-invested OTA partners with LINE unit in Thailand; Resumption of tourism between China, Thailand "not happening any time soon".
Smart tour guide operator Lvji reports a net loss of $11.7 million for H1
09/01/2020|11:38:48 AM|
Lvji uses VR technology innovation to further launch VR business in order to grasp the trend of cloud tourism and 5G innovation.
Sabre sees modest signs of recovery in July, August
09/03/2020|3:24:47 PM|
The strongest recovery has been in hotel bookings, with gross hotel central reservation system transactions down 55% in July and 50% in August.
China caps capacity of "high-risk" flights; IHG partners with Ant Group | Daily Brief
09/02/2020|12:36:28 AM|
Meituan reports the world’s highest hotel room nights in Q2; Smart tour guide operator Lvji reports a net loss of $11.7 million.
Tencent-invested OTA sees recovery, Chinese travelers switch to private tours | Daily Brief
08/28/2020|11:01:53 PM|
Chinese OTA Tuniu reported 97% drop in packaged-tour revenue; TravelSky posted 40% decrease in half-year revenue.
Discount pricing + digital tools drive domestic travel transactions in China
07/23/2020|6:04:56 PM|
Chinese online platforms are focusing on digital tools, especially live-streaming, to revive spending. The plan is to drive domestic travel sales volume through discounts, a tactic being described as a short-term phenomenon.
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