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Search results for “2014”
Travel recovery drags on in China; GDS giant expects losses in H1 | Daily Brief
06/30/2020
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12:27:48 AM
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Renewed limits on social activities have dampened the pace of recovery in China; China's dominant airline IT provider TravelSky said it may record losses for the first half of year.
Caissa Travel suspends purchase of Tuniu shares from JD.com
06/01/2020
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10:01:08 AM
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If Caissa Travel buys Tuniu shares as planned, it will possibly assume a heavy financial burden and take the risk of not getting returns in the long term.
E-commerce giant sells OTA asset; Accor works on recovery in China | Weekly Review
06/27/2020
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2:52:42 PM
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Shiji gained three months to sell its U.S.-based asset StayNTouch; Trip.com Group unveiled a USD 500 million fund for its travel partners.
CarTrawler gets €100M investment to boost finances and drive growth
05/20/2020
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2:55:50 PM
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This investment will allow CarTrawler to come out of this period of unprecedented disruption with a stronger platform for growth.
Klook lets go of hundreds as travel lockdown hits business
04/21/2020
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2:58:51 PM
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The news will likely accelerate speculation of a merger with GetYourGuide, a leading OTA in Europe that also has Softbank as an investor.
Travel companies tap advance purchases; Disney hints at stricter checks | Weekly Review
04/18/2020
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12:58:40 PM
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Chinese travel executives look to advance purchase offerings for recovery; Carnival says China may be among the first areas to cruise again.
OTA giant invests in PMS provider; payment startup raises $160M | Daily Brief
04/16/2020
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6:24:56 PM
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Hundreds of hotels in Wuhan call for government aid after voluntarily providing free rooms to medical workers battling coronavirus; Cathay Pacific carried 90% fewer passengers in March.
PMS provider GreenCloud gets Trip.com Group investment
04/16/2020
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1:40:39 PM
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All major PMS providers in China now have OTA investors following this deal.
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