Search results for “COVID-19 pandemic”
E-commerce site JD buys into tour operator Caissa; Thousands of hotels closed | Daily Brief
04/28/2020|10:41:52 PM|
China saw a declined growth rate of 5.9% in business travel last year; 74.29% of the Chinese hotels and inns have ceased operation due to COVID-19.
Wyndham merges China unit into Asia; China's tourism revenue drops 60% | Daily Brief
05/07/2020|11:52:27 PM|
China raked in tourism revenue of USD 6.79 billion in a holiday, 59.58% less than last year; China Eastern beat out Southwest as the biggest airline in the world in terms of seats available.
Travel companies turn to live streaming and advance purchase for recovery
04/13/2020|2:43:20 PM|
Advance purchases may not be just a provisional measure during epidemic but a regular project that will stay.
Deutsche Hospitality accounts for 25% of Huazhu's total revenues in 2019
05/05/2020|4:38:46 PM|
Huazhu Group scheduled to issue a shareholder loan of EUR 20 million to Deutsche Hospitality with a term of 12 months.
Hotel recovery led by midscale & economy; Global aviation loss to rise to $2T | Daily Brief
04/11/2020|6:28:44 AM|
Shanghai Airport stock slumps below target by the widest margin in 13 years; China's theme parks re-open with strict rules to prevent further outbreak of the virus.
Trip.com-invested hotel brand collapses; Airbnb halts marketing to save $800M | Daily Brief
03/31/2020|11:25:59 PM|
Airbnb will suspend all marketing activities in a move which will save USD 800 million a year; China saw a huge uptick in flight searches.
Trip.com to borrow up to $1.5B; Airbnb lowers valuation by 16% | Daily Brief
04/03/2020|11:02:25 PM|
An investment firm indirectly associated with Trip.com Group wants to privatize online classifieds marketplace 58.com; OYO's CEO will forego his salary for the rest of the year.
Fosun Tourism's sales volume drops 15.9% in Q1
04/30/2020|11:11:07 AM|
Resort operation in the first two months grew 8% despite the COVID-19 outbreak since late January.
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