Search results for “COVID-19”
Alibaba invests in hotel wholesaler; OTA could raise $1.35 billion | Daily Brief
04/07/2021|11:30:58 PM|
Shiji jumps after Ant Group invests $68.6 million in retail system unit; Chinese travel rebounds during holiday while spending still lags.
Booking reports a net loss of $55 million but a 62% increase in air tickets
05/06/2021|8:19:58 AM|
Total revenues for the quarter dropped by 50% year-on-year.
Indian groups worry about China travel curbs; Cathay eyes limited London return | Daily Brief
04/10/2021|12:27:16 AM|
Global domestic air demand declines largely due to weakness in China travel; Genting Hong Kong reveals $1.72 billion annual loss.
Hilton reports 54.5% revenue decrease in Q1, sees occupancy rise only in Asia
05/05/2021|11:07:21 PM|
The RevPAR in Asia was USD 42.7, down by 6.6% year-on-year.
Global theme park brands accelerate expansion; China plans "1-2-3 Travel Circle" | Daily Brief
03/15/2021|11:28:56 PM|
TravelSky projects annual net profit of more than $60 million; China to ease domestic travel restrictions, allowing train travel without COVID-19 test report.
China considers differentiated visa policies; Co-living startup helps hotels switch to monthly leases | Daily Brief
03/22/2021|9:53:07 PM|
Hyatt increases footprint in Asia Pacific; Trip.com Group mimicks partner Tripadvisor with new content offerings.
Meituan reports 354.5 million room nights booked in 2020, down by 9.7%
03/26/2021|7:22:59 PM|
Room nights from five-star hotels increased by more than 110% year over year in the fourth quarter.
China’s OTAs and hotel groups are launching more hotel brands to meet diverse demands
04/30/2021|7:15:25 PM|
Competitions in new fields and changes in business strategies are catalyzing the launch of new brands.
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