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China allocates $492 million to airlines; Trip.com appoints new Americas GM | Daily Brief

China allocates $492 million to airlines; Trip.com appoints new Americas GM | Daily Brief

Alipay+ worked with Singapore’s taxi operator to enable mobile payments; Shanghai Disney Resort will reopen some retail and park areas.

06/09/2022|8:51:45 PM|ChinaTravelNews
Chinese OTA Tuniu expects wider net revenue drop for Q2

Chinese OTA Tuniu expects wider net revenue drop for Q2

Net loss was USD 6.6 million in the first quarter of 2022.

06/09/2022|8:00:21 PM|ChinaTravelNews
Meituan acts fast on new demand and cost cutting opportunities in Q1

Meituan acts fast on new demand and cost cutting opportunities in Q1

The company highlighted that the decision to support hotel companies’ digital transformation and some of the other initiatives like Hotel + X are contributing immensely at this juncture.

06/09/2022|2:21:26 PM|Ritesh Gupta, ChinaTravelNews
Trip.com named top travel buyer in US; Hong Kong extends Cathay Pacific’s loan | Daily Brief

Trip.com named top travel buyer in US; Hong Kong extends Cathay Pacific’s loan | Daily Brief

Number of daily flights posts upward trend; eVTOL start-up closes $1.48 million seed round.

06/09/2022|6:16:21 AM|ChinaTravelNews
CWT launches 24/7 English-Mandarin bilingual service hub

CWT launches 24/7 English-Mandarin bilingual service hub

One of China’s biggest technology companies became the first customer to begin using this service in May.

06/08/2022|3:47:59 PM|CWT
Tencent-invested Meituan posts 25% rise in revenue, 17.7% increase in operating loss

Tencent-invested Meituan posts 25% rise in revenue, 17.7% increase in operating loss

Domestic hotel room nights decreased by a single-digit percentage year over year.

06/02/2022|7:28:15 PM|ChinaTravelNews
Shanghai ends 2-month lockdown; China eases blanket travel rule | Daily Brief

Shanghai ends 2-month lockdown; China eases blanket travel rule | Daily Brief

China cases drop below 100 as specter of Covid Zero remains; Marriott partners with Ant Group to enhance digital operations.

06/02/2022|7:06:24 AM|ChinaTravelNews
Meituan, Tujia capitalizes on Airbnb’s exit; Skyscanner teams up with Huawei | Weekly Review

Meituan, Tujia capitalizes on Airbnb’s exit; Skyscanner teams up with Huawei | Weekly Review

China’s travel retail revival will impact the growth story of global brands; China Eastern lists steps needed to return 737 Max to skies.

05/29/2022|6:20:16 PM|ChinaTravelNews
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1

Xiaohongshu- and Trip.com-invested PMS startup Smart Order eyes global expansion

2

GBTA launches global equity program to support business travel professionals in emerging markets through sponsored memberships

3

Trip.com Group reports 70% rise in Q1 international OTA platform revenue

4

Lifestyle hotelier Atour reports more than 600% rise in annual profit

5

Trip.com surpasses its shareholder Baidu in market capitalization, adding $12.8 billion value in half a year

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