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Club Med parent plans multi-brand offline expansion post-pandemic

By 2023, Fosun Tourism plans to open 16 new Club Med resorts, half of which will be located in China.

03/24/2021|8:42:27 PM|ChinaTravelNews

Hotel direct sales service provider Honey Guide secures tens of millions of yuan

The company’s digital solutions helped some merchants triple or quadruple their transaction values in WeChat.

03/24/2021|10:55:51 AM|ChinaTravelNews

Major Chinese OTA Tongcheng-Elong sees "continuing robust recovery trend" in Q4

The company's average monthly paying users increased by 5.9% year-to-year to 28.7 million in Q4 2020, but average monthly active users decreased by 4.8% to 196.0 million.

03/23/2021|5:55:54 PM|ChinaTravelNews

Leisure-focused OTA Tuniu expects to narrow revenue drop next quarter

The company further strengthened cost-control measures and continued to optimize internal management system.

03/16/2021|6:40:44 PM|ChinaTravelNews

Deutsche Hospitality CEO: Finding the right partner in China is important

The German hotel group plans to quintuple its hotel portfolio by 2025, partly through mergers and acquisitions.

03/15/2021|10:48:55 PM|Jerry Tang, ChinaTravelNews

Trip.com Group refers to 4 operating highlights of Q4

Trip.com Group has witnessed average spending on domestic package tours rising notably year-over-year in Q4, plus it has identified new growth drivers beyond COVID.

03/05/2021|10:56:10 AM|ChinaTravelNews

OTA giant sees content as new growth driver, rolls out a three-step strategy

Short-haul and local travel has become a key contributor to Trip.com Group's recovery.

03/05/2021|12:14:09 AM|ChinaTravelNews

Trip.com Group revenue drops 40% in Q4, domestic hotel GMV rises

Product development expenses accounted for 42% of net revenue in 2020.

03/04/2021|6:32:43 AM|ChinaTravelNews
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