Search results for “China hotel market”
China accounts for nearly 60% of OYO's annual losses
02/18/2020|2:13:03 PM|
International markets including China contributed to USD 252 million (75%) of the USD 335 million losses for FY2019, while these markets constituted only 36.5% of the global revenues.
Expedia suspends travel listings from mainland China amid coronavirus outbreak
02/20/2020|9:53:35 PM|
Expedia has informed its suppliers via email that it will suspend the sale of all mainland China-based products, ground transportation and tours.
Virus makes Olympics difficult; Air France sees €200M impact | Daily Brief
02/21/2020|12:54:32 AM|
Air France-KLM warned of a €150-million to €200-million hit to earnings by April; Asia Pacific airlines could lose $27.8 billion due to outbreak.
State-owned bank bails out OTA; airlines to see first traffic drop in a decade | Daily Brief
02/21/2020|11:21:10 PM|
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.
Facts on Chinese coronavirus & advice for travel industry
01/27/2020|11:36:58 PM|
For travel brands, offering thoughtful communications and assistance to both travelers and corporate partners at the time will be much appreciated.
UK citizens told to leave China, Cathay to cut 90% China flights - Virus Updates
02/04/2020|11:33:24 PM|
Indonesia decided on imposing China travel ban to prevent virus from spreading; Macao casinos to close for 2 weeks.
China issues travel warning, Qunar eyes IPO and more this week
01/10/2020|3:00:31 PM|
Major Chinese airlines canceled direct flights to Iran or re-route other flights to avoid the airspaces of Iran and Iraq; UnionPay has attracted 28.5 million merchants outside of mainland China.
JejuAir buys into Eaststar, Yanolja acquires DailyHotel - pivotal moments as WiT Seoul returns
01/20/2020|12:03:39 PM|
South Korea’s travel market enters 2020 with a sense of anticipation as well as trepidation as to what the first year of the new decade will bring the industry.
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