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Search results for “CITIC Bank”
Meituan warns of pandemic-hit loss; Shanghai attractions close again | Daily Brief
03/31/2020
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12:09:00 AM
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State bank ICBC provides USD 14.5 billion in financing to cultural and tourism firms in Beijing; TravelSky processed 1,071.9 million transactions and 432.8 million BSP tickets last year.
US regulator triggered by HNA revamp; OYO’s Chinese rivals merge | Daily Brief
03/12/2020
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12:11:00 AM
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Cathay Pacific expects "substantial" loss in the first half of the year; Tokyo Disney extended shutdown to April.
Huazhu's net revenue rises 8.5%, same-hotel RevPAR down by 5.4%
03/27/2020
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8:19:48 AM
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Huazhu is expected to close 350-450 hotels, including planned closure of 300-350 hotels and special closure of 50-100 hotels impacted by COVID-19.
State-owned bank bails out OTA; airlines to see first traffic drop in a decade | Daily Brief
02/21/2020
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11:21:10 PM
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The Industrial and Commercial Bank of China will provide a USD 86.7 million loan to online travel giant Trip.com Group; RevPAR of Hyatt hotels declined 90% last month in China.
Fosun Tourism raises $988M; Forward bookings in China show dramatic rebound | Daily Brief
03/23/2020
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11:34:25 PM
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Chinese tourist arrivals to Japan dropped 87.9% in February; Hainan government announced a USD 21.2 million rejuvenation plan for the island’s beleaguered tourism industry with duty free shopping at the heart.
Companies halt operations, restrict corporate travel to China
01/29/2020
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10:57:01 PM
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Major global corporations have announced to shut down respective operations until further notice and banned employees from traveling to China.
Luxury Escapes breaks silence on potential Qantas or Booking.com takeover
12/02/2019
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5:42:16 PM
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Luxury Escapes’ turnover is expected to be around $500 million in FY20, and its annual earnings have been growing at 50 percent.
Luxury-rental startup raises $50M in equity
10/27/2019
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8:56:33 PM
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It brings Blueground’s total equity funding to $78 million.
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