Search results for “hotel report”
May holiday flight sales plummets; Tuniu completes most travel refunds | Daily Brief
04/25/2020|11:54:59 AM|
Hong Kong's daily visitor arrivals declined to less than 100 persons in early April; Shanghai Disney is testing parade and more for reopening.
Asia is restricting visitors; Agoda offers long-term stays | Daily Brief
03/16/2020|11:21:21 PM|
Trip.com Group-backed hotel firm reported virus impact of RMB 20.77 million in 38 days; Scandinavian airline SAS will temporarily lay off 10,000 employees, or 90% of its workforce.
Major OTA reports 43.6% drop in revenue; China buys into Norwegian Air | Daily Brief
05/21/2020|5:16:44 PM|
Travel distribution firm DerbySoft is building new connections with Airbnb and HotelTonight; Marriott expects East Asia to lead the recovery with millennial customers.
Huazhu initiates major restructuring to pursue global ambition
05/20/2020|10:58:13 PM|
China remains key to the company's operation while Huazhu will continue its investments for international expansion.
E-commerce site JD buys into tour operator Caissa; Thousands of hotels closed | Daily Brief
04/28/2020|10:41:52 PM|
China saw a declined growth rate of 5.9% in business travel last year; 74.29% of the Chinese hotels and inns have ceased operation due to COVID-19.
Hotel bookings through global distributors and suppliers down 80% in early April
04/23/2020|11:27:14 AM|
STR projects that China hotels will recover to only 90% of 2019’s level of occupancy, ADR and RevPAR by 2021.
China’s hotel occupancy rises from February's 12.8% to 23.2% as of March
04/24/2020|5:55:22 PM|
China’s RevPAR declined 77.6% YoY to US$11, but up slightly from US$7.4 in February this year.
Travel recovery to peak after September; Airlines to return to China in June | Daily Brief
05/13/2020|12:39:42 AM|
Global airline capacity this week is up 2% to 29.8 million seats and China is leading the growth; China proposes fast-track entry for Japanese business travelers.
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