Search results for “Financial results”
Trip.com Group net revenue drops 42% in Q1, accommodation down by 62%
05/29/2020|6:49:31 AM|
The company expects net revenue to decrease by 67% to 77% year-over-year for the second quarter.
Booking Holdings announces plan to reduce Booking.com workforce by 25%
08/04/2020|10:25:57 PM|
The company expects to finalize its plans and make relevant announcements to employees on a country by country basis.
24 nations reopen to Chinese visitors; Google reports on travel interest recovery | Daily Brief
08/22/2020|12:25:08 PM|
Meituan saw 17% decline in hotel room nights in Q2; Movie Hotel raised over $25 million to create hybrid experience.
Beijing travel searches surge 500%; TravelSky half-year profit to drop 120% | Daily Brief
07/20/2020|10:22:11 PM|
Search volumes for group tours and self-guided travel skyrocketed by 500% after China announced to resume group tours; China allows three airlines more international flights.
Expedia names new CEO, raising $3.2 billion amid COVID-19
04/23/2020|11:03:23 PM|
Preliminary results show that room nights dropped by 12%-17% to 67-71 million in the first quarter and gross bookings were down by 38%-43% at USD 17.1-18.5 billion.
Chinese airlines see significant Q1 losses, mull buying embattled Virgin Australia | Daily Brief
04/20/2020|11:13:25 PM|
Three state-owned Chinese airline giants expect significant losses in the quarter; Beijing reopens 30% of its major tourist sites.
Tuniu appoints financial controller; Chinese airlines on track for recovery | Daily Brief
05/30/2020|2:37:22 PM|
Trip.com Group posted a 62% drop in accommodation and a 29% decrease in transportation; Global travel disruptions are the top concern for American businesses in China.
Online leisure travel firm Tuniu reports a 61.9% revenue decrease in Q1
06/10/2020|9:04:47 PM|
The company expects its second-quarter net revenues to drop by 86% to 96%.
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