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OYO appoints CEO for its China unit

The China market generated USD 307 million in revenue for OYO in FY2019, but also posted a net loss of USD 197 million, accounting for nearly 60% of the company's total annual loss.

05/16/2020|10:33:18 PM|ChinaTravelNews

OTAs vow to drop rate parity; Travel recovery to peak after September | Weekly Review

IHG starts flagship store on Trip.com Group; 70% of OYO hotels in China are now back to business.

05/16/2020|10:49:34 AM|ChinaTravelNews

Chinese arrivals to Australia drop 99.8%; China Southern to raise over $2B | Daily Brief

Hotel occupancy in China reached over 40% during May 6-10 as business travel increased; Cathay Pacific flagged a “very bleak” outlook as coronavirus grounded planes globally.

05/16/2020|10:39:31 AM|ChinaTravelNews

Ctrip launches IHG flagship store, 70% of OYO China hotels reopened | Daily Brief

Chinese carriers are likely to see a full recovery by 2021; Beijing is mulling to cut red tape and fast-track cross-border checks with Taiwan, Hong Kong, Macao and South Korea.

05/15/2020|7:36:48 AM|ChinaTravelNews

Hong Kong regulator accepts OTA giants' pledge to drop rate parity

Booking.com, Expedia and Trip.com Group have vowed to remove their rate-parity contract terms with accommodation providers in Hong Kong.

05/14/2020|2:38:21 PM|ChinaTravelNews

Trip.com Group launches IHG flagship store

The cooperation will allow over 300 million Ctrip members in Greater China to register with the IHG Rewards Club.

05/14/2020|1:50:49 PM|Trip.com Group

Amadeus appoints China chief; Chinese visitors to Thailand slump 60% | Daily Brief

Qatar Airways said it was willing to provide equity injection into Cathay Pacific if approached; China is exempting some foreign executives from travel ban.

05/14/2020|5:09:21 AM|ChinaTravelNews

Amadeus Q1 revenues down, will adapt to remain challenging months

Amadeus’ first-quarter revenue came in at 1.02 billion euros, in line with its own estimate of a 25% to 30% drop published in April.

05/13/2020|10:07:47 AM|ChinaTravelNews
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