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  • Chinese hotel group GreenTree sees a 33% drop in Q1 revenue2020-06-06

    GreenTree Hospitality, a major hotel company in China, reported that its first-quarter revenue dropped 33% this year to RMB 157 million (USD 22 million), having been severely impacted by the outbreak of COVID-19. Net income decreased 110.6% to a net loss of RMB 14 million (USD 2.0 million). RevPAR plummeted 44.1% to ...
  • Hong Kong’s troubled Ocean Park saved as lawmakers approve HK$5.4 billion relief fund2020-06-01

    Hong Kong’s ailing Ocean Park will be bailed out by the taxpayer after the legislature approved a HK$5.4 billion (USD692 million) relief fund for the attraction to stay afloat for another 12 months. After hours of debate, 32 legislators gave the nod to a lifeline for the home-grown theme park in Aberdeen amid fears o...
  • Shanghai Disneyland’s tickets sell out within minutes ahead of May 11 reopening2020-05-11

    Shanghai Disneyland sold out of tickets for its May 11 reopening after a four-month shutdown, a sign that consumers in China are prepared to spend as the nation recovers from the coronavirus pandemic. The theme park is implementing safety measures, including limiting visitors to one-third of the normal capacity of 80,...
  • Big Three Chinese airlines lost $2 billion as virus kills travel2020-05-03

    The big three state-run Chinese airlines reported a slump in earnings in the first quarter as the coronavirus upended travel demand, but there are signs the worst of the crisis is over for them. China Southern Airlines Co. and China Eastern Airlines Corp. lost RMB 5.3 billion (USD 750 million) and RMB 3.9 billion, res...
  • Travel companies rely on live streaming, advance purchase deals2020-04-19

    The road to recovery for China’s travel industry is still littered with uncertainties though there are early signs of rebound. Travel executives in China all pointed to the effectiveness of offering advance purchase options through live streaming events in their recovery strategies. The live streaming sales approac...
  • Hainan to build national sports tourism pilot zone2020-04-09

    Hainan issued a five-year plan on developing a national sports tourism pilot zone on Monday, in a bid to help turn the island province into a leading global tourist destination, according to the provincial government's official website. The plan, to be implemented between 2020 to 2025, said the pilot zone is expected ...
  • Booking sells $106M Trip.com stake; United may resume China flights | Daily Brief2020-04-09

    Booking Holdings reported on April 7 that it sold 4,500,000 ADSs of Trip.com Group through an affiliated firm at USD 23.45 per ADS in the open market from March 23 to April 3, 2020. The total value of the transaction was more than USD 105.5 million. The world's largest online travel group now holds a 4.93% stake in its...
  • Hong Kong developer’s hotels unit brings in robots to beat coronavirus slump2020-04-09

    Hong Kong hotels operator L’hotel Group has turned to robots amid a COVID-19 driven slump in the hospitality sector, with the aim of providing meals to guests and ensuring reduced interaction with staff. The company, which is wholly owned by property developer Chinachem Group, will have three artificial intelligence ...
  • Zhuzhou Marriott Hotel profile2020-04-09

    The Zhuzhou Marriott Hotel was recently opened in 2015, making it a fantastic choice for those staying in Zhuzhou. With Free Wi-Fi in designated areas available, you'll have no problems keeping connected. From Zhuzhou Marriott Hotel, Zhuzhou West Railway Station is just 6km away. Zhuzhou Marriott Hotel makes a great pl...
  • Himalaya Serviced Apartment (Tianjin Nankai) profile2020-04-08

    Opened in 2019, the Himalaya Serviced Apartment \(Tianjin Nankai\) offers travelers a pleasant stay in Tianjin, whether for business or leisure purposes. When guests have some time on their hands they can make use of the onsite facilities. Airport pickup can be arranged by the hotel upon request. This Himalaya Serviced...