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Chinese outbound travel firm collapses; Beijing quarantines travelers | Daily Brief
03/03/2020
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6:34:07 PM
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Japanese cruise line blamed coronavirus for its bankruptcy; Thailand projected 6 million fewer visitors this year.
Hilton pulls Q1 and full-year 2020 guidance amid virus spread
03/12/2020
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4:57:17 PM
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Hilton believes that the potential negative impact will be greater than the previous estimate.
Hong Kong’s instability is a boon for Bangkok
08/20/2019
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3:25:07 PM
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The circumstance may add another tailwind to the luxury market in Bangkok, where a tourism boom has put the city on the map for investors, especially mainland Chinese who have come in droves.
Delta buys 4.3% stake in Korean Air parent, seeks to expand in Asia
06/21/2019
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4:49:31 PM
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The two airlines are members of the SkyTeam alliance and formed a joint venture last year that includes 290 U.S. destinations and over 80 in Asia.
Hyatt, BTG Homeinns unveil China-centric UrCove brand
06/20/2019
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2:28:36 PM
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The first two hotels are expected to open in Shanghai and Beijing by late 2020.
Beijing-Shanghai high-speed rail operator prepares for IPO
02/28/2019
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10:47:19 AM
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The company was founded in 2008, with China Railway Investment - fully owned by CRC - holding a 46.21% stake.
Airbus pursues innovation in "China’s Silicon Valley"
12/13/2018
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9:23:25 AM
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Initial investment into the Shenzhen hub was tens of millions of euros.
Inside Airbnb’s battle to stay private
02/07/2018
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9:09:51 AM
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Airbnb's founders and early employees have little financial incentive to push for an IPO; Sequoia Capital, as the largest outside shareholder with a 13% stake didn’t support its IPO either.
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