Search results for “2019”
Accor’s revenue reduces nearly 60% in 2020, but Huazhu invests more
02/24/2021|5:55:57 PM|
In China, the recovery observed from the second quarter onwards gathered pace quarter after quarter, resulting in a 44.2% decline in RevPAR over the year.
Creditors filed petition for HNA bankruptcy; Sands to invest $10 billion in Macau | Daily Brief
01/29/2021|11:45:51 PM|
Chinese travel companies raise $5.6 billion last year; China rejects BN(O) passport as travel document.
Family-activity firm raise fund; America to overhaul Asia in flights | Daily Brief
02/04/2021|11:04:41 PM|
Chinese travelers are more optimistic about travel in 2021; China Eastern Airlines gets $1.7 billion lifeline.
Accor further offloads 1.5% stake in Huazhu Group
02/20/2021|11:40:07 AM|
After this transaction, Accor still owns a 3.3% stake in Huazhu and continues to be represented at the Group’s Board of Directors.
Alibaba Fliggy works with Amadeus; OYO China CEO to lead international units | Daily Brief
02/01/2021|10:55:37 PM|
China suspends most foreign nationals traveling from Canada; Chinese airlines among alleged victims of $10 billion embezzlement.
Huazhu projects Q4 revenues to surpass previous guidance
01/25/2021|3:16:28 PM|
RevPAR of the Legacy-Huazhu hotels (excluding Deutsche Hospitality) for the fourth quarter was RMB 186, down by 2.4% year-over-year, but up from RMB 179 in the previous quarter.
Accor steps up alliance with Alibaba; Sequoia China to invest in upscale hotel chain | Daily Brief
01/21/2021|10:16:53 PM|
Minor Hotels partners with Funyard Hotels for China expansion; China estimates 40% fall in Lunar New Year passenger trips from 2019.
China raises hopes for V-shaped recovery; Hong Kong Disneyland to reopen again | Daily Brief
02/18/2021|10:19:15 PM|
Cathay Pacific warns of challenging months ahead; China Duty Free Group accelerates digital focus, online-offline integration.
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