Articles tagged “china”

China Fears Rattle Marriott and Hilton Investors

China Fears Rattle Marriott and Hilton Investors

Patrick Clark, Bloomberg

China's weak consumer spending is leading to concerns for hospitality giants following Apple's guidance adjustment.

2 weeks ago

Expect Solid Year of Growth for Travel in 2019: New Skift Research

Expect Solid Year of Growth for Travel in 2019: New Skift Research

Rebecca Stone and Seth Borko, Skift Research

Our latest Skift Research report provides a look-back on 2018 and details our 2019 economic expectations for the U.S. and globally. All in all, we expect a solid year of economic growth in 2019 which should translate well for the travel industry.

2 weeks ago

Ctrip Chairman Shrugs Off Impact of Trump Tariff Dispute — For Now

Ctrip Chairman Shrugs Off Impact of Trump Tariff Dispute — For Now

Steven Schwankert, Skift

Ctrip has been able to spend most of its 15-year history riding a rising travel tide in China while buying out much of the competition to blunt their challenges. For 2019, Ctrip will have to stand up and get moving to recapture momentum and investor attention.

4 weeks ago

Boeing Shrugs Off Trade Tensions With Opening of New China Plant

Boeing Shrugs Off Trade Tensions With Opening of New China Plant

Bloomberg

The opening of Boeing's new China plant comes at a crucial time for the company. Not only is it battling with rival Airbus in the country but it must also keep an eye on relations between Beijing and Washington.

1 month ago

Air China Looked Into Buying HNA’s Airlines

Air China Looked Into Buying HNA’s Airlines

Bloomberg

Hainan Airlines is in many ways HNA's flagship brand, so selling it off would be an admission of defeat. The company's vociferous denial implies it wants to keep hold of it, but with debts of $78 billion, will it have a choice?

1 month ago

Recall Puts Spotlight on Dominant Chinese Scooter Manufacturer

Recall Puts Spotlight on Dominant Chinese Scooter Manufacturer

Mark Bergen and Joshua Brustein, Bloomberg

Micro-mobility providers have a long way to go in terms of smooth functionality. Will scooters eventually suffer the same fate as the Segway?

1 month ago

Marriott Hack May Have Come From China

Marriott Hack May Have Come From China

Patrick Clark and Paul Panckhurst, Bloomberg

We're still in the very early stages of the investigation, so it's probably best to treat information like this with caution.

1 month ago

Chinese Independent Travel Sees Women Overtake Men as Dominant Force

Chinese Independent Travel Sees Women Overtake Men as Dominant Force

Jing Travel

When it comes to Chinese independent travel, women now make up the majority of travelers and they are spending a lot of money. But group travel still dominates in China.

2 months ago

Ctrip and Tencent Team Up for IPO to Back Emerging Chinese Travel Brand

Ctrip and Tencent Team Up for IPO to Back Emerging Chinese Travel Brand

Dennis Schaal, Skift

It appeared several years ago that Ctrip had locked up the Chinese online travel market when it took control of Qunar and Elong, but that ship has sailed. The emergence of Meituan and now Tongcheng-Elong's initial public offering make it clear that many players will scramble for market leadership.

2 months ago

Beijing’s Social Credit System May Block So-Called ‘Untrustworthy’ From Buying Travel

Beijing’s Social Credit System May Block So-Called ‘Untrustworthy’ From Buying Travel

Bloomberg News, Bloomberg

To say that this social-report-card system is "fraught with risks" is an understatement, and these scores already have ramifications in travel.

2 months ago

Thailand Sees Rare Decline in Tourism Numbers

Thailand Sees Rare Decline in Tourism Numbers

Siraphob Thanthong-Knight and Suttinee Yuvejwattana, Bloomberg

Like a number of destinations around the world, Thailand is finding out just how economically impactful Chinese tourism can be.

2 months ago

Luxury Hotels in China Pledge to Clean Up Their Acts After Social Media Outcry

Luxury Hotels in China Pledge to Clean Up Their Acts After Social Media Outcry

Eric Lam and Huang Zhe, Bloomberg

Hidden-camera videos of housekeepers acting badly at Chinese luxury hotels pop up from time to time. But a new video that's gone viral on social media shows workers using the same sponges to clean cups and sinks. Brands need to take more active precautions.

2 months ago