Search results for “decline”
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.
Caissa to buy Tuniu shares; OTA offers big discounts to reignite demand | Daily Brief
06/24/2020|7:02:24 AM|
Several airlines are to receive wage subsidies from the Hong Kong government; Delta will be the first US airline to re-connect the US and China since temporary suspension in February.
Alibaba Fliggy names new head; Fosun-invested customized travel firm collapses | Weekly Review
06/21/2020|10:34:34 AM|
Indonesia planned travel bubble with China, Japan, and Australia; China Eastern Airlines partners with Trip.com Group to launch a new airline.
IHG's first-quarter RevPAR drops 65.3% in China
05/07/2020|10:57:40 PM|
Recent weeks have continued to see a moderate improvement in occupancy levels which are running in the mid-20% range, up from a trough of ~5% in mid-February.
Chinese carriers slash Beijing flights; Hong Kong boosts local tourism | Daily Brief
06/18/2020|12:41:23 AM|
China’s three largest carriers carried more passengers across their networks in May; Internet travel company Mounsey raises USD 7 million.
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.
TravelSky adds China Eastern as investor of App; Airbnb China sees recovery | Daily Brief
06/13/2020|11:36:32 AM|
Chinese air traffic is rebounding with each of the biggest three airlines operating around 1,000 more flights per week by the end of May; Cathay Pacific saw a 99.6% drop in passenger traffic in April.
E-commerce giant buys into tour operator; TUI China kicks off holidays | Weekly Review
05/03/2020|12:22:17 PM|
TUI China focuses on short-haul outdoor trips; Around 74.29% of the Chinese hotels and inns have ceased operation during COVID-19.
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