Search results for “decline”
Road trip startup wins funding; Cruise firm wants to hold expo at sea | Weekly Review
07/31/2021|11:34:45 PM|
Amadeus partners with Shiji in China; Hilton's China business is almost back to pre-Covid.
Diplomats call on China to ease travel bans; Hilton China business recovers 91% | Daily Brief
07/30/2021|10:57:48 PM|
Nanjing's outbreak hits recovery of nation's tourism sector; Didi denies media report of go-private plan after $4.4 billion IPO.
Beijing hotels report substantial rise; Chinese airlines target domestic demand | Daily Brief
07/14/2021|12:54:59 AM|
Atour posts higher-than-Pre-Covid RevPAR in updated IPO filing; Hong Kong in talks with mainland China for reopening, but experts warn against moving too fast.
Club Med appoints China CEO; China, Russia domestic travel surpasses pre-Covid levels | Daily Brief
07/07/2021|11:04:12 PM|
Platinum Equity completes acquisition Of Ingram Micro for $7.2 billion; ‘Lack of tourists from China’ may have prompted Uniqlo to close store in Japan.
Chinese OTA Tuniu reports 55.5% net revenue drop in Q1, but expects more than 300% growth in Q2
06/03/2021|6:33:45 PM|
Revenues from packaged tours were USD 6.9 million in the first quarter of 2021, representing a year-over-year decrease of 62.3%.
Expedia posts a net loss of $581 million in Q1, with leisure travel leading the recovery
05/07/2021|8:49:11 AM|
For the first quarter of 2021, total gross bookings decreased 14%, with lodging bookings experiencing year-over-year growth in the first quarter.
Sabre reports a net loss of $266 million for Q1, and will not give guidance at this time
05/05/2021|5:13:20 PM|
Sabre’s first quarter revenue decreased by 50%, and global bookings were down by 55%.
Chinese tourists stay in Asia Pacific for now; HNA-invested Caissa to acquire rival | Weekly Review
06/20/2021|9:58:30 PM|
Flights canceled at Shenzhen airport after staff reportedly test positive; Hopes raised for EU to ease entry restrictions covering Hong Kong.
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GBTA launches global equity program to support business travel professionals in emerging markets through sponsored memberships

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Global tourism shift: China and U.S. slow down while India rises

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Lufthansa plans to suspend Beijing flights as German investments in China reach record high

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Trip.com Group reports 70% rise in Q1 international OTA platform revenue

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China, Japan and South Korea target 40 million tourist exchanges by 2030

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