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Airbnb reports 22% revenue decline in Q4, “outperforming hotel groups and OTAs”

The recovery in Asia Pacific continues to take time.

02/26/2021|8:27:26 AM|ChinaTravelNews

Booking Holdings revenue halved in 2020, predicting Apple’s entry into online travel reservations marketplace

Net income for the full-year 2020 was USD 59 million, a 99% decrease versus the prior year.

02/25/2021|8:11:11 AM|ChinaTravelNews

Accor’s revenue reduces nearly 60% in 2020, but Huazhu invests more

In China, the recovery observed from the second quarter onwards gathered pace quarter after quarter, resulting in a 44.2% decline in RevPAR over the year.

02/24/2021|5:55:57 PM|ChinaTravelNews

Travelport appoints Chua Hui Wan as Head of Agency Sales for Asia Pacific

The role marks a return to Travelport, where she previously held leadership positions in the company’s airline and agency groups between 2005 to 2013.

02/17/2021|9:59:05 PM|Travelport

Sabre reports a net loss of $311 million for Q4

Operating loss was USD 988 million, versus operating income of USD 363 million in 2019.

02/17/2021|10:41:11 AM|ChinaTravelNews

Expedia reports net loss of $391 million in Q4

Lodging revenue decreased 58% in the fourth quarter of 2020 on a 61% decrease in room nights stayed.

02/12/2021|11:41:06 AM|ChinaTravelNews

Trivago sees 70% drop in 2020 revenue, expects "strong recovery" in second half of 2021

The second wave of COVID-19 infections in the fourth quarter of 2020 has materialized in most countries where the company operates.

02/11/2021|9:30:43 AM|ChinaTravelNews

MakeMyTrip posts a 61.3% drop in revenue but is on track of recovery

Gross bookings improved to $598.8 million in 3Q21 versus $213.0 million in 2Q21, reflecting an increase of 181.5% QoQ.

01/28/2021|11:42:37 PM|ChinaTravelNews
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