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Wyndham's Greater China RevPAR down by 29% in Q3

Global comparable RevPAR declined 35% year-on-year while system-wide rooms declined 2%.

10/29/2020|6:40:17 PM|ChinaTravelNews

IHG hotel occupancy improves to 57% in China

A full industry recovery will take time and uncertainty remains regarding the potential for further improvement in the short term.

10/26/2020|9:13:21 AM|ChinaTravelNews

Louvre Hotels Group expands in Europe after acquiring ten "7 days premium" hotels

The ten "7 Days Premium" hotels that Louvre Hotels Group acquired were in two- and three-star segments.

10/21/2020|6:14:11 PM|Louvre Hotels Group

Fintech conglomerate Aladdin Holdings invests in four listed travel companies

Aladdin Airlines will accelerate the digitalization of Xiamen International Airport and combine traditional airport services with community-based economics.

10/12/2020|1:52:14 PM|ChinaTravelNews

Alibaba buys a 5% stake in tour operator Utour for $56.5 million

Alibaba and Utour will cooperate on product supply, channel and branding, big data technology, payment and system solutions.

09/29/2020|11:06:08 PM|ChinaTravelNews

Travel experiences platform KKday raises $75 million in Series C round

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.

09/29/2020|3:12:27 PM|ChinaTravelNews

Trip.com posts 64% revenue drop, sees full recovery in domestic flights, hotels bookings

The company records a strong recovery of China domestic businesses, offset by a steep decline of international businesses.

09/25/2020|6:54:07 AM|ChinaTravelNews

Hotel giant Huazhu reports nearly 32% drop in Q2 revenue

Occupancy at Legacy Huazhu was 79% in July and 84% in August.

09/15/2020|2:25:45 AM|ChinaTravelNews
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