Search results for “Business hotel”
OYO appoints CEO for its China unit
05/16/2020|10:33:18 PM|
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.
Flights from China to US drop 95%; Singapore has only 18 Chinese visitors in May | Daily Brief
06/05/2020|11:02:14 PM|
US plans to revise previously-announced ban on Chinese passenger flights; Chengdu airport became the world’s busiest last month.
Chinese carriers see mixed traffic recovery; iClick boosts tourism in Japan | Daily Brief
05/18/2020|11:47:11 PM|
China and South Korea have asked Japan to join them in relaxing controls on business travel as virus cases tail off; United Airlines wants to resume passenger flights to China as soon as next month.
Caissa Travel suspends purchase of Tuniu shares from JD.com
06/01/2020|10:01:08 AM|
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.
Chinese arrivals to Australia drop 99.8%; China Southern to raise over $2B | Daily Brief
05/16/2020|10:39:31 AM|
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.
Trip.com Group buys OTA Travix; Tuniu receives Nasdaq compliance warning | Daily Brief
05/23/2020|11:46:32 AM|
The hotel sector is heavily impacted by COVID-19 and brands could lose up to USD 14 billion of cumulative brand value; China dismisses suspending applications for private passports as a rumor.
Hotel conglomerate Jin Jiang consolidates China units
05/26/2020|12:04:03 AM|
Jin Jiang has accelerated its international expansion through mergers and acquisitions since 2015, acquiring Louvre Group, Plateno Group, Vienna Hotels Group and Radisson Hotels.
China continues flight control; Huazhu restructures for global ambition | Daily Brief
05/20/2020|11:57:56 PM|
Despite reports of restoration, China’s air transportation system is not likely to fully recover for at least another two years; Hong Kong airport sees 99.5% passenger traffic drop in April.
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