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Fosun Tourism to add urban resort hotels; Merlin Entertainments’ new CEO is visiting China | Weekly Review
04/15/2023|10:00:57 AM|
Universal Beijing Resort bans freelance photography services in park; Webus is seeking IPO in the US.
OTAs to benefit most from China’s travel recovery; Boeing CEO expects 737 deliveries to resume soon | Daily Brief
05/10/2023|7:00:23 PM|
Cathay CEO says labor shortages limit airline to 70% of pre-Covid capacity; SoftBank-backed Klook reportedly raising funds ahead of US IPO.
OTAs report May holiday travel data; 11 Chinese airlines resume 737 MAX flights | Daily Brief
04/12/2023|11:14:33 PM|
Fosun Tourism to expand business; Accor opens Pullman's 50th hotel in Greater China.
Wyndham Hotels & Resorts posts 15.6% decrease in net revenue in Q1
05/02/2023|3:55:33 PM|
The world’s largest hotel franchisor registered 10% growth in its direct franchising business in China.
Letsfly set to expand operations beyond APAC region
04/24/2023|1:54:37 PM|
The Beijing-based direct API specialist and NDC aggregator is witnessing a growing demand for products and services among its OTA and agency partners, particularly those in APAC and Europe.
Seat capacity for outbound travel improves in Q2; Club Med to build more resorts | Daily Brief
04/21/2023|11:48:53 PM|
Boeing predicts China to need 8,500 new civil aircraft in next 20 years; TikTok for Business to host travel trade dialogue.
China lifts mask mandate for public transport; theme park operator seeks opportunities in Middle East | Daily Brief
04/13/2023|7:19:00 PM|
Air China to resume Auckland flights in May; Hainan is expected to hone its tax-free appeal to outdo Southeast Asia trips.
Alibaba launches generative AI tech; Chinese airlines on a hiring spree | Daily Brief
04/11/2023|9:52:19 PM|
Macau receives 5 million visitors in Q1; Korean Air, Japanese Airlines could benefit from limits on U.S.-China flights.
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Xiaohongshu- and Trip.com-invested PMS startup Smart Order eyes global expansion

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

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

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

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

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