May 24, 2022 07:39 AM (GMT+8) · EqualOcean
Two people familiar with the matter disclosed that aibiying would close its business in China. It is reported that aibiying will announce the news to Chinese employees on Tuesday morning, Beijing time. All houses in Chinese Mainland will be taken off the shelves in the summer. Abiying officially entered the market in Chinese Mainland in 2016, facing fierce competition from its mainland counterparts. The source said that the operating cost of the home stay industry is quite high, and the epidemic has had an adverse impact on the home stay industry. Sources revealed that for aibiying, overseas travel of Chinese tourists is a greater opportunity, and the company will be committed to providing services for Chinese tourists traveling abroad.