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Holiday spending still a third below; Japan to lift travel ban to China | Daily Brief
10/09/2020
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11:51:44 PM
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Alibaba acquires nearly 10% stake in Dufry, forms China joint venture; Ctrip chairman says live streaming is here to stay as Chinese tourism almost "fully recovers".
Deutsche Hospitality's new CEO will take office in November
10/09/2020
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5:17:38 PM
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Mr. Bernhardt has held various leadership positions in the hotel branch in the past and he had also worked for Steigenberger Hotels AG before.
OTA buys back $10 million shares; Thailand slowly restarts tourism | Daily Brief
09/30/2020
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10:52:29 PM
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Embattled Cathay Pacific faces continued cash burn; Chinese airlines may not turn a profit even as domestic travel rebounds.
Finnair partners TravelSky, Tongcheng-Elong; PMS firm secures funding | Daily Brief
09/30/2020
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12:11:04 AM
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Alibaba acquires a minor stake in a major tour operator; Travel experiences platform KKday raises $75 million in C round.
Alibaba buys a 5% stake in tour operator Utour for $56.5 million
09/29/2020
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11:06:08 PM
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Alibaba and Utour will cooperate on product supply, channel and branding, big data technology, payment and system solutions.
Travel experiences platform KKday raises $75 million in Series C round
09/29/2020
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3:12:27 PM
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The new funding will be used to continue to expand in Asia and globally and to build out a new solution for travel operators and activity providers, Rezio.
Trip.com acquires a third-party payment company; Holiday tourists to reach 550 million | Daily Brief
09/29/2020
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12:24:12 AM
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Hong Kong Disneyland reopens for second time; Hampton by Hilton signs the 500th hotel in six years in China.
New service helps operators find & manage distribution partners
09/28/2020
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11:50:37 AM
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“Magpie Promotes” matches tour & activity operators to distribution partners worldwide.
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