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Search results for “price slashing”
China data portend tough times for US hotels; Cathay cuts 96% flights | Daily Brief
03/20/2020
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11:40:36 PM
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Major Chinese airlines registered over 30-percentage-point declines in load factor; Fosun Tourism's China operation slowly recovers.
Airbnb loses $276M in Q4; Trip.com taps into virtual banking | Daily Brief
03/13/2020
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10:12:26 PM
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Expedia is withdrawing its adjusted EBITDA guidance due to growing virus impact; Global hotel transaction volumes in 2019 reached USD 66 billion last year.
Expedia rescinds 2020 guidance; Airbnb widens losses | Weekly Review
03/14/2020
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10:29:49 AM
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OYO undergoes massive downsizing in China, while its local rivals merged amid the virus outbreak; Shanghai Disney reopened some shopping, dining and entertainment options.
How your Airbnb host is feeling the pain of coronvirus
03/11/2020
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11:00:38 PM
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Though the toll is shared by airlines and big hotel chains, many online travel sites have fewer resources to withstand a prolonged slump.
OTA chief cuts salary; event cancellations cost $1B | Daily Brief
03/11/2020
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12:24:19 AM
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The direct economic loss from the cancellation from nine major tech conferences already surpassed USD 1 billion; A Disneyland Paris maintenance worker tested positive for coronavirus.
China curbs overseas arrivals; OYO falls short in Japan | Daily Brief
02/26/2020
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10:26:24 AM
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Some Chinese cities have begun to restrict arrivals from overseas, signaling that the epidemic’s momentum has shifted outside of China.
Becoming the “Amazon of Travel” should not be a goal for airlines
10/21/2019
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5:59:57 PM
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52 percent of bookings are expected to occur through their websites, mobile applications, and other airline-owned platforms by 2021.
Airlines should think twice before devaluing their frequent-flyer points
12/13/2018
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5:27:39 PM
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Full-service carriers may face the existential risk if they continued to devalue miles.
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