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Skyscanner to change CEO; Singapore-China to open essential travel corridor | Daily Brief

Major Chinese airlines have issued an unprecedented USD 12.7 billion worth of short-term notes since January; Chinese airlines operated more flights than US counterparts in May.

06/01/2020|11:28:16 PM|ChinaTravelNews

Skyscanner's CEO Bryan Dove will be replaced by Travelfusion founder

Moshe will split his time between the two companies, though both organizations will remain operationally independent from the other.

06/01/2020|6:32:00 PM|ChinaTravelNews

Caissa Travel suspends purchase of Tuniu shares from JD.com

If Caissa Travel buys Tuniu shares as planned, it will possibly assume a heavy financial burden and take the risk of not getting returns in the long term.

06/01/2020|10:01:08 AM|ChinaTravelNews

Didi starts international travel agency; Trip.com faces more challenges | Weekly Review

The worse is yet to come as Trip.com Group projected net revenue to drop by 67%-77% in Q2; TravelSky sells a stake in its consumer-facing app to China Southern Airlines.

06/01/2020|10:59:28 AM|ChinaTravelNews

Tuniu appoints financial controller; Chinese airlines on track for recovery | Daily Brief

Trip.com Group posted a 62% drop in accommodation and a 29% decrease in transportation; Global travel disruptions are the top concern for American businesses in China.

05/30/2020|2:37:22 PM|ChinaTravelNews

Chinese OTA giant faces tougher challenges in second quarter

International transportation accounts for 50% of Trip.com Group's total transportation revenue, so transportation will be more vulnerable to the COVID-19 impact than hotels will.

05/30/2020|11:55:21 AM|ChinaTravelNews

Trip.com Group net revenue drops 42% in Q1, accommodation down by 62%

The company expects net revenue to decrease by 67% to 77% year-over-year for the second quarter.

05/29/2020|6:49:31 AM|ChinaTravelNews

Hotel group merges China brands; Klook looks to local demand | Daily Brief

Jin Jiang International has completed a major restructuring to consolidate its limited-service hotel businesses; Air China is planning to operate 24 international routes between June 1 and July 1.

05/27/2020|7:29:17 AM|ChinaTravelNews
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