Search results for “China hotel market”
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.
The 2020 TravelDaily Conference is rescheduled to Nov 25-27
06/02/2020|11:48:09 AM|
ITB China, the largest B2B international travel trade show in China, will join TravelDaily in co-organizing our event.
Major OTA reports 43.6% drop in revenue; China buys into Norwegian Air | Daily Brief
05/21/2020|5:16:44 PM|
Travel distribution firm DerbySoft is building new connections with Airbnb and HotelTonight; Marriott expects East Asia to lead the recovery with millennial customers.
May holiday flight sales plummets; Tuniu completes most travel refunds | Daily Brief
04/25/2020|11:54:59 AM|
Hong Kong's daily visitor arrivals declined to less than 100 persons in early April; Shanghai Disney is testing parade and more for reopening.
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.
Social e-commerce platform Pinduoduo adds flight booking service
06/02/2020|4:55:47 PM|
Profitability is not the only challenge that Pinduoduo will have to face, as China’s online travel market is already very crowded.
Chinese OTA giant faces tougher challenges in second quarter
05/30/2020|11:55:21 AM|
International transportation accounts for 50% of Trip.com Group's total transportation revenue, so transportation will be more vulnerable to the COVID-19 impact than hotels will.
Amadeus appoints China chief; Chinese visitors to Thailand slump 60% | Daily Brief
05/14/2020|5:09:21 AM|
Qatar Airways said it was willing to provide equity injection into Cathay Pacific if approached; China is exempting some foreign executives from travel ban.
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