Search results for “Chinese Yuan”
China offers airlines subsidies; Finnair considers layoffs | Daily Brief
03/05/2020|10:15:56 PM|
The head of the US Chamber of Commerce said the government will not need to bail out US airlines; Bookings from China to Canadian province declined 70% between March and October.
China's travel industry bracing for $430 billion losses for 2020
02/14/2020|11:27:31 AM|
Travel volume during this year’s seven-day Lunar New Year period plummeted nearly 63.9% to just 152 million.
Expedia freezes China listings; ITB China 2020 postponed | Weekly Review
02/20/2020|10:08:28 PM|
China may see losses of USD 430 billion by the coronavirus disruption on travel for 2020; It plans cash injections and mergers to bail out aviation.
Cultural travel operator Xband Club secures RMB 200 million in series B funding
02/24/2020|6:35:00 PM|
The company announced business suspension 33 days before the new financing was announced. It has adopted a series of major measures to deal with the coronavirus outbreak.
OTA seeks $1.2 billion loan, tourism slowdown spreads in Asia | Daily Brief
02/15/2020|12:54:56 AM|
Travel advisers projected 10%-15% off in the $45.6 billion global cruise industry, major Chinese park operator warned of epidemic impact on $320 million asset-backed notes.
Intelligent hotel solution provider Xiezhu Technology lands $37 million funding
01/10/2020|10:48:30 AM|
The company’s solutions are used by 8,000 hotels in China and have helped upgrade 350,000 rooms.
China’s culture and tourism market generates USD 890 billion in three quarters
12/31/2019|10:59:21 AM|
Visitor arrivals to China increased by 4.7% to 108.76 million and outbound trips from China rose 8.5% to 119.9 million.
Trip.com Group invests in business lounge operator DragonPass
12/25/2019|9:48:55 AM|
DragonPass generated revenues of 1.1 billion yuan in 2019, representing a compound annual growth rate of 40% compared to three years ago.
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