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Hotel giant H World sees Q2 revenue down 5.7%, plans to quit economy soft-brands segment

Hotel giant H World sees Q2 revenue down 5.7%, plans to quit economy soft-brands segment

Q3 Revenue is projected to rise 13&-17%.

08/29/2022|11:01:00 PM|ChinaTravelNews
Club Med owner reports 130% rise in half-year revenue and narrowed loss

Club Med owner reports 130% rise in half-year revenue and narrowed loss

Business volume of Club Med rose 336.0% year on year.

08/22/2022|11:36:55 PM|ChinaTravelNews
IHG sees half-year operating profit down by 84% in Greater China

IHG sees half-year operating profit down by 84% in Greater China

CEO Keith Barr said the company had a tough start in China this year.

08/12/2022|6:48:32 AM|ChinaTravelNews
Trip.com bookings rise in Europe, Asia; China sees 32M cross-border trips | Daily Brief

Trip.com bookings rise in Europe, Asia; China sees 32M cross-border trips | Daily Brief

Work-from-home helped OTA reduce quit rates by more than a third; Hotel companies can’t quit China even after pandemic lockdowns.

07/28/2022|1:17:58 AM|ChinaTravelNews
Hong Kong firm to buy Japanese park; China’s homegrown airliner nearly ready for take-off | Daily Brief

Hong Kong firm to buy Japanese park; China’s homegrown airliner nearly ready for take-off | Daily Brief

Hong Kong to cut hotel quarantine with health code; Greater Bay Airlines gets airborne in low-key launch.

07/25/2022|11:07:55 PM|ChinaTravelNews
Chinese premier eyes reopening international travel; Didi to be fined $1 billion | Daily Brief

Chinese premier eyes reopening international travel; Didi to be fined $1 billion | Daily Brief

Louvre Hotels enters Hungary; Space tourism is looking for liftoff in China.

07/21/2022|12:55:18 AM|ChinaTravelNews
China’s hotel investment down by 43.8% in H1; KKday bumps its Series C to $95 million | Daily Brief

China’s hotel investment down by 43.8% in H1; KKday bumps its Series C to $95 million | Daily Brief

Over half of Hong Kong travelers feel leisure travel is still important; Xpeng unit raises over $100 million.

07/14/2022|11:39:01 PM|ChinaTravelNews
OTA clashes with tour operators; Meituan-invested hotel group seeks IPO | Daily Brief

OTA clashes with tour operators; Meituan-invested hotel group seeks IPO | Daily Brief

eVTOL startups secure new funding rounds; China to further communicate with more countries to increase overseas flights.

07/14/2022|1:09:59 AM|ChinaTravelNews
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