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Wyndham eyes exceptional conditions for growth in China
06/22/2021|3:07:08 PM|
After Wyndham's decision to restructure its team in the APAC region last year, the group is building on its direct franchising in China and also plans to target consumers from lower-tier cities.
Disney parks and experiences revenues nearly halve, but net income doubles
05/15/2021|9:55:55 AM|
The company estimated an additional USD 1.2 billion impact on the Disney Parks, Experiences and Products segment operating income compared to the prior-year quarter.
IHG reports occupancy growth in Greater China and CEO is confident about sustained growth
05/07/2021|8:13:07 PM|
RevPAR in Greater China was down 37.7% vs 2019, and up 78.2% vs 2020.
Expedia posts a net loss of $581 million in Q1, with leisure travel leading the recovery
05/07/2021|8:49:11 AM|
For the first quarter of 2021, total gross bookings decreased 14%, with lodging bookings experiencing year-over-year growth in the first quarter.
Travel sector eyes consumers from lower-cities in China
04/13/2021|11:25:41 AM|
The travel sector is counting on consumers from lower-tier cities as a vital cog for not only revenue generation in the short-term, but also as a growth engine for the future.
Booking.com awards DerbySoft as Premier Partner for 2021
03/17/2021|11:49:50 AM|
Partner Program reviews and scores all partnerships based on a set of growth and performance categories the company considers critical.
Global theme park brands accelerate expansion; China plans "1-2-3 Travel Circle" | Daily Brief
03/15/2021|11:28:56 PM|
TravelSky projects annual net profit of more than $60 million; China to ease domestic travel restrictions, allowing train travel without COVID-19 test report.
EU may recognize Chinese vaccine certificates; Cathay posts $2.8B annual loss | Daily Brief
03/12/2021|1:30:01 AM|
Macau airport flight tally likely to be up in March; Vaccine passports face potential problems.
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