Search results for “net loss”
Airbnb reports 22% revenue decline in Q4, “outperforming hotel groups and OTAs”
02/26/2021|8:27:26 AM|
The recovery in Asia Pacific continues to take time.
Upscale hospitality group New Century projects 80%-90% less profit
02/03/2021|6:03:23 AM|
In the second half of 2020, the hotel chain's occupancy rate and RevPAR were significantly improved.
TravelSky projects a $77 million annual profit for 2020
01/21/2021|3:59:15 PM|
The full-year profit prediction for 2020 demonstrates a positive sign of recovery, as the company reported a net loss of RMB 306 million for the first half of the year.
Accor steps up alliance with Alibaba; Sequoia China to invest in upscale hotel chain | Daily Brief
01/21/2021|10:16:53 PM|
Minor Hotels partners with Funyard Hotels for China expansion; China estimates 40% fall in Lunar New Year passenger trips from 2019.
Huazhu Group posts better-than-expected revenue growth in Q3
12/04/2020|8:37:54 PM|
Huazhu expects net revenues to grow by 0%-3% year-over-year for the fourth quarter.
Japan, China resume business travel; Infor launches cloud PMS in China | Weekly Review
12/05/2020|11:57:31 PM|
Trip.com Group-owned hotel chain Rezen invests in a hotel management firm; Homesharing giant Tujia's rural operation spin-off firm secures $15.3 million funding.
Trip.com Group reports first profit post-pandemic in Q3
12/02/2020|7:27:15 AM|
China domestic hotel reservations achieved positive growth, with mid-to-high end domestic hotel reservations reaching double digit year-over-year growth exiting the third quarter of 2020.
CTS Group buys 34% stake in "micro vacation" resorts New Century Senbo for $23 million
12/25/2020|4:50:27 PM|
New Century Senbo offers short-distance vacations near cities to the Chinese middle-class consumers.
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