Search results for “Business Travel”
Accor RevPAR falls 67.7% in China; Flights show recovery signs since March | Daily Brief
04/24/2020|12:43:36 AM|
Some 3,770 tourist attractions in China have resumed operation and launched online booking access.
Hotel bookings through global distributors and suppliers down 80% in early April
04/23/2020|11:27:14 AM|
STR projects that China hotels will recover to only 90% of 2019’s level of occupancy, ADR and RevPAR by 2021.
Fosun Tourism's sales volume drops 15.9% in Q1
04/30/2020|11:11:07 AM|
Resort operation in the first two months grew 8% despite the COVID-19 outbreak since late January.
Alibaba backs Israeli travel startup; Klook buys car-hire firm | Weekly Review
04/04/2020|10:14:48 PM|
Chinese airlines rescheduled their international flights after national regulators decided to limit the number of international flights to curtail imported COVID-19 cases.
China to see big uplift in air; Travel bookings surge as alert relaxed | Daily Brief
04/30/2020|10:44:07 PM|
Spring Airlines will open 47 domestic routes to meet increasing travel demand; Shanghai tourist attractions require reservations for holiday.
Chinese hotel CEOs gear up for new normal, expect rebound by mid-Q2
03/28/2020|9:08:22 PM|
Senior executives from Plateno Group’s Xana Hotelle, 7Days Inn and Vienna Hotel Co. believe that they have weathered the COVID-19 storm with apt financial planning, and by responding with compassion.
Hotel firm GreenTree expects a 30%-35% drop in Q1 revenue
04/14/2020|9:35:51 PM|
Due to the impact of COVID-19, the company may record a decline in total revenues of 10%-15% for the full year 2020.
Wyndham Hotel merges its China unit into Asia Pacific to cut expenses
05/07/2020|4:06:20 PM|
As of the end of 2019, the company had 154,600 hotel rooms in the Greater China region, but that only contributed 3% of Wyndham's royalties in the year.
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