China Travel News
Asia-Pacific Hotel Investment Volumes Rose to $7 Billion in First Half of 2022
Investment in the hotel sector in Asia Pacific continued to recover as investment volumes totaled $6.8 billion in the first six months of 2022, according to real estate brokerage firm…
CWT Adds More Green Travel Options to Corporate Booking App
Travelers’ habits are changing, so corporate booking tools need to reflect that too. CWT’s relaunch is timely when people aspire to be kinder to the planet when they travel.
Expedia and Marriott Claim Progress on Proliferation of Rogue Hotel Rates
Rogue wholesale rates on metasearch sites are the gifts that keep on giving — for travelers and the metasearch sites. Expedia and Marriott seem to be making some progress on the issue.
Skyscanner and Gogobot Acquisitions Help Trip.com Navigate China Domestic Travel Woes
Acquisitions can have unintended consequences. Trip.com Group likely didn't view the acquisitions of Skyscanner and Gogobot as hedges against the collapse of China travel.
China’s Hotel Groups Are Bouncing Back
Chinese hotels are now performing as well as they had been before the wave of coronavirus re-infection. Plus, news on Accor's expansion in India, Taiwan's tourism stimulus package, and more.
For Skift Research Subscribers
Asia Pacific Accommodation Sector Market Estimates 2022
The accommodation sector in APAC is witnessing a fast paced recovery with 2022 revenue levels not far from reaching pre-pandemic levels. However, the composition of the industry remains unclear with short-term rentals revenue share decreasing in 2022.
Trip.com Sees Biggest Business Travel Growth in China’s Second Cities
As for future business travel hotspots in China, plenty of gems come up in a new report published this week by Trip.Biz, the corporate travel division of Trip.com. It offers agencies real insight into the minds of business travelers, as well as opportunities to grow in a country that's ready to rebound after strict lockdowns.
China’s Strict Covid Policies Likely to Deter Future Hotel Investment
Even if more Chinese cities follow the recent lead of Beijing and Shanghai in easing Covid restrictions, major hotel companies will still tread cautiously regarding future development in the country. Especially since widespread lockdowns could occur again if Covid cases surge.