Search results for “travel recovery”
Upscale hotel chain expects profit drop; China's No. 4 airline to draw new investors | Daily Brief
02/03/2021|6:13:14 AM|
Club Med owner Fosun Tourism expects annual loss of up to $410 million; Chinese airlines’ income for the festival travel may rush down 60%-70%.
Klook secures $200 million funding; Cathay Pacific warns of higher cash burn | Daily Brief
01/26/2021|10:16:46 PM|
China offers flight refunds to curb travel; Homestay industry on track to recovery.
Annual travel-funding report: Chinese companies raise $5.6 billion, down 70%
01/29/2021|10:47:31 AM|
Quality services such as custom trips and outbound travel were among the most attractive targets for investors.
Upscale hotel chain, travel group make investments; OTA works on live-stream | Daily Brief
12/24/2020|12:03:59 AM|
Club Med of Fosun Tourism speeds up recovery in Asia Pacific; ForwardKeys predicts China outbound travel to rise over 80% in 2022.
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.
ByteDance sets up a travel agency; Mafengwo sheds light on night tourism | Weekly Review
12/19/2020|10:17:57 PM|
Hilton CEO said China is second-largest market, key part of growth strategy; Alibaba-invested mobility platform Hellobike applies for hotel-related trademark.
Trip.com Group’s Q3 accommodation revenue rose by 98% over Q2
12/04/2020|10:52:34 AM|
The domestic hotel market is leading the overall recovery, uplifting the entire travel sector in China. Trip.com Group’s accommodation revenue in Q3 was USD 365 million, a 98% increase from the previous quarter.
Huazhu projects Q4 revenues to surpass previous guidance
01/25/2021|3:16:28 PM|
RevPAR of the Legacy-Huazhu hotels (excluding Deutsche Hospitality) for the fourth quarter was RMB 186, down by 2.4% year-over-year, but up from RMB 179 in the previous quarter.
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