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OYO data signals flagging growth at another big Softbank-backed startup

OYO data signals flagging growth at another big Softbank-backed startup

Recent counts show they've lost 32 percent down to around 20,000 with the steepest drop off taking place from the end of March to now.

05/13/2020|7:56:34 PM|Thinknum
JA Resorts chief confident on long-term China success

JA Resorts chief confident on long-term China success

The successful re-launch of travel in China depends on this market, and it is already happening.

05/13/2020|7:36:47 PM|Breaking Travel News
A passenger drone hotel: EHang and LN Holdings make it a reality

A passenger drone hotel: EHang and LN Holdings make it a reality

We can fulfill customers’ travel demands in the air and on the ground by combining intelligent technology with the tourist experience.

05/13/2020|11:00:08 AM|Dronelife
Amadeus Q1 revenues down, will adapt to remain challenging months

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
Travel recovery to peak after September; Airlines to return to China in June | Daily Brief

Travel recovery to peak after September; Airlines to return to China in June | Daily Brief

Global airline capacity this week is up 2% to 29.8 million seats and China is leading the growth; China proposes fast-track entry for Japanese business travelers.

05/13/2020|12:39:42 AM|ChinaTravelNews
Marriott’s Q1 RevPAR declines 63.1% in Greater China

Marriott’s Q1 RevPAR declines 63.1% in Greater China

Occupancy levels in Greater China are currently slightly more than 30%, up from the lows of less than 10% in mid-February.

05/12/2020|7:54:08 PM|Marriott
International hotel groups gradually resume full operations in China

International hotel groups gradually resume full operations in China

Reopening all our hotels in the Chinese mainland is the first step in a measured global recovery process.

05/11/2020|6:50:06 PM|China Daily
Investors offload stakes in Chinese OTA; Global hotel chains recover in China | Weekly Review

Investors offload stakes in Chinese OTA; Global hotel chains recover in China | Weekly Review

Booking loses $130 million in the sale of its Trip.com Group stake; Shanghai Disney theme park will reopen on May 11.

05/09/2020|11:15:38 PM|ChinaTravelNews
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