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Booking Holdings loses over $100 million in Trip.com equity sales
05/08/2020|7:39:44 AM|
The company reported a net loss of USD 699 million in the first quarter.
OYO appoints CEO for its China unit
05/16/2020|10:33:18 PM|
The China market generated USD 307 million in revenue for OYO in FY2019, but also posted a net loss of USD 197 million, accounting for nearly 60% of the company's total annual loss.
Less Chinese travelers visit Korea; British Museum plays live streaming on Fliggy | Daily Brief
07/03/2020|12:58:51 AM|
Global passenger demand saw a mild uptick driven by China's recovery; China Eastern Airlines stops selling popular “weekend-unlimited” passes.
China Eastern Airlines stops selling highly popular “weekend-unlimited” passes
07/02/2020|12:16:24 PM|
As of June 24, more than 100,000 tickets had been redeemed.
Japan to ease travel curbs for China; Canada updates Hong Kong advisory | Daily Brief
07/02/2020|6:45:06 AM|
Around 90% of staff at Cathay Pacific agreed to take unpaid leave in a second round of cost-saving measures; Chinese hotel chain Huazhu recorded a 15.7% drop in Q1 net revenue.
Hotel giant Huazhu reports 15.7% drop in Q1 revenue, expects further decline in Q2
07/01/2020|10:22:38 PM|
Huazhu expects net revenues to decline 32% to 34% year-over-year in the second quarter of 2020, or 35% to 37% if excluding the addition of Deutsche Hospitality.
Top Chinese carriers confident of their FFP members staying loyal
06/04/2020|9:08:15 AM|
Chinese carriers not only took initiatives to assure their loyalty program members about the utility of loyalty currency and membership benefits, but they also paved way for smaller non-air redemptions to subsidize member's shopping for essentials during the coronavirus crisis.
At least 14 airlines worldwide announce plans to resume flights to China
06/29/2020|2:50:53 PM|
Global airlines with China flights starting in June or July include Air France, Delta Air Lines, Singapore Airlines, Lufthansa and All Nippon Airways.
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