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Search results for “Rate Drop”
Upscale hotel chain expects profit drop; China's No. 4 airline to draw new investors | Daily Brief
02/03/2021
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6:13:14 AM
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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%.
Upscale hospitality group New Century projects 80%-90% less profit
02/03/2021
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6:03:23 AM
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In the second half of 2020, the hotel chain's occupancy rate and RevPAR were significantly improved.
Singapore sees plummeted number of Chinese visitors in 2020
02/03/2021
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12:00:51 PM
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Visitors from the Chinese mainland spent some 537 million SGD, in the first nine months of last year, down 83% year on year.
Mapping the travel sector’s recovery
01/29/2021
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5:45:50 PM
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In all of these markets, new and old, providers’ agility and speed when adopting digital channels has been crucial.
Club Med, Thomas Cook works with DerbySoft; China, Cuba extend travel ties | Daily Brief
12/17/2020
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6:42:14 PM
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Chinese carrier eyes Etihad's Air Serbia stake; Hainan offshore duty-free sales pass $3.8 billion for 2020.
China is much closer to recovering hotel ADR than Europe, US
12/22/2020
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12:28:07 PM
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Supply growth in China slowed this year even after demand improved toward pre-pandemic levels. Europe and the U.S. will likely experience a similar trend.
OTA giant names new chief; Travel group expands destinations | Weekly Review
12/27/2020
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5:35:14 PM
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CTS Group buys 34% stake in "micro vacation" resort brand for $23 million; Hotel digital solution provider Lumous closes Series B round.
Hong Kong bans flights from UK; China's first Legoland park breaks ground | Daily Brief
12/23/2020
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6:23:53 AM
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China is much closer to recovering hotel ADR than Europe, US; China Eastern works with Juneyao Airlines, China Telecom to offer in-flight Wi-Fi.
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