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China’s reopening plans spark rally in stocks; India replaces China as Thailand’s top tourism market | Daily Brief

China’s reopening plans spark rally in stocks; India replaces China as Thailand’s top tourism market | Daily Brief

Hotel giant posts bigger loss in Q1, expects revenue to drop 2%-6% in Q2; More carriers resume domestic flights from Shanghai.

05/31/2022|6:26:34 AM|ChinaTravelNews
Huazhu posts bigger loss in Q1, expects revenue to drop 2%-6% in Q2

Huazhu posts bigger loss in Q1, expects revenue to drop 2%-6% in Q2

Revenue excluding DH is expected to decline 23% to 27% in the second quarter, mainly due to large impacts from Omicron variant outbreak in China.

05/31/2022|6:06:41 AM|ChinaTravelNews
Skyscanner works with Huawei; Ticket scalpers take over travel market | Daily Brief

Skyscanner works with Huawei; Ticket scalpers take over travel market | Daily Brief

Cathay Pacific to rehire hundreds of cabin crew; Meituan Travel and Tujia look to capitalize on Airbnb’s exit from China.

05/27/2022|3:26:33 AM|ChinaTravelNews
Asia-Pacific hotel pulse: lockdowns in China hold back hotel performance of Marriott, Hilton, MGM Resorts

Asia-Pacific hotel pulse: lockdowns in China hold back hotel performance of Marriott, Hilton, MGM Resorts

MGM Resorts International properties in Macau in China continue to face headwinds.

05/26/2022|3:21:31 PM|CoStar
Meituan Travel and Tujia look to capitalize on Airbnb’s exit from China

Meituan Travel and Tujia look to capitalize on Airbnb’s exit from China

Platforms including Fliggy and Xiaozhu released green service channels exclusively for the affected hosts.

05/26/2022|3:10:30 PM|Pandaily
Hotels develop VR "twins" as first step into metaverse

Hotels develop VR "twins" as first step into metaverse

Using the metaverse for marketing is the next step in the evolution.

05/25/2022|11:35:53 AM|Phocuswire
Airbnb to take down China listings; Citizens urged not to leave country | Daily Brief

Airbnb to take down China listings; Citizens urged not to leave country | Daily Brief

Shanghai makes way towards COVID lockdown exit, Beijing plays defence; Trip.com Group chairman banned from social media for questioning China’s Zero-Covid policy.

05/25/2022|4:18:25 AM|ChinaTravelNews
Airbnb is closing its domestic business in China, sources say

Airbnb is closing its domestic business in China, sources say

Stays in China on the platform have accounted for approximately 1% of revenue for the last few years.

05/24/2022|8:41:28 AM|CNBC
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