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China considers differentiated visa policies; Co-living startup helps hotels switch to monthly leases | Daily Brief
03/22/2021
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9:53:07 PM
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Hyatt increases footprint in Asia Pacific; Trip.com Group mimicks partner Tripadvisor with new content offerings.
What investors don’t understand about the short-term rental industry
03/21/2021
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7:53:02 PM
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Money keeps coming into short-term rental industry, but so few funded companies reach sustainable profitability.
Airbnb reports 22% revenue decline in Q4, “outperforming hotel groups and OTAs”
02/26/2021
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8:27:26 AM
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The recovery in Asia Pacific continues to take time.
Sequoia China joins Trip.com-backed PE firm in offer to take New Century Hotel private
01/21/2021
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2:44:05 PM
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Upscale hotel chain just got listed on Hong Kong Stock Exchange less than two years ago.
Upscale hotel group New Century invests in business hotel Hanyue
12/23/2020
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11:14:27 PM
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Other than the capital investment, the two companies vowed to strengthen their cooperation in product, technology, membership, central reservation and platform construction.
OTA buys payment license; Alibaba invests in Utour, Dufry | Weekly Review
10/11/2020
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4:38:09 PM
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Travel experiences platform KKday raises $75 million in C round; Marriott’s occupancy rate in China tops 80%.
Holiday spending still a third below; Japan to lift travel ban to China | Daily Brief
10/09/2020
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11:51:44 PM
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Alibaba acquires nearly 10% stake in Dufry, forms China joint venture; Ctrip chairman says live streaming is here to stay as Chinese tourism almost "fully recovers".
Chinese hotel giant Huazhu eyes more deals as global brands languish
09/22/2020
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12:02:08 PM
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Huazhu plans to open more than 1,600 new hotels this year, with a target of 10,000 hotels by 2023.
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