Search results for “Asia Pacific”
Wyndham Hotel merges its China unit into Asia Pacific to cut expenses
05/07/2020|4:06:20 PM|
As of the end of 2019, the company had 154,600 hotel rooms in the Greater China region, but that only contributed 3% of Wyndham's royalties in the year.
Travelzoo closes failing Asia Pacific business after it loses $7.5 million in 2019
03/13/2020|12:42:28 PM|
With Asia Pacific accounting for 5.7% of its global revenue, Travelzoo anticipates that the move will not have any negative impact on its business.
Hotel markets throughout Asia Pacific show coronavirus impact
02/26/2020|1:07:22 PM|
Macau saw the steepest occupancy decline (-97%), falling from absolute level of 96% to just 3% between 6 January and 16 February.
Asia-Pacific airline recovery from coronavirus may be slower than for SARS
02/12/2020|12:04:30 PM|
With the aviation industry intrinsically more connected globally today, air travel is less likely to remain as resilient.
Global hotel transaction volumes in 2019 reach USD 66 billion
03/13/2020|12:15:51 PM|
Asia Pacific hotel transaction volume increased 44% yoy to USD 12.7 billion in 2019, exceeding previous projections of a 25-30% increase.
Coronavirus outbreak to cost airlines almost $30 billion
02/21/2020|6:18:22 PM|
In total, airlines in the Asia Pacific region are set to see a $27.8 billion revenue loss in 2020.
Coronavirus pushes airlines to their worst financial hit in 17 years
02/12/2020|3:29:11 PM|
Carriers with weaker business models or liquidity profiles are likely to be hit harder and take longer to recover.
Trip.com Group works with Kayak to offer car rentals in Asia Pacific
11/27/2019|11:38:49 AM|
Kayak users will be able to book Trip.com's car-rental offerings in Asia Pacific including Greater China, Singapore, Korea and other destinations.
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