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Search results for “merge”
Shanghai Disney testing parade for reopening; Klook furloughs hundreds | Weekly Review
04/25/2020
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6:12:10 PM
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Parent of Chinese OTA Tongcheng-Elong denied speculation about mass layoffs; A study finds COVID-19 will dent China's total tourism income by a third this year.
OTA denies mass layoffs; Klook lets go of hundreds | Daily Brief
04/21/2020
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11:04:52 PM
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Tongcheng Group will merge Hongtu Airlines, Tongcheng International Travel Service and Tongcheng Travel into a new company called Tongcheng Aviation & Travel; China's airline market could see further consolidation.
Investors offload stakes in Chinese OTA; Global hotel chains recover in China | Weekly Review
05/09/2020
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11:15:38 PM
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Booking loses $130 million in the sale of its Trip.com Group stake; Shanghai Disney theme park will reopen on May 11.
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.
Restaurant, hotel management platform Tripleseat acquired by Vista Equity
03/30/2020
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9:47:02 PM
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Through the acquisition, Gather, already owned by Vista, will be merged with Tripleseat.
OTA boss advises mobile tech to fight virus; Marriott sees recovery in China | Weely Review
03/21/2020
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5:38:25 PM
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Asia's largest online travel group expects its net revenue to drop by nearly half in Q1; China's air regulator moved to divert incoming international flights from Beijing to elsewhere.
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