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Creditors filed petition for HNA bankruptcy; Sands to invest $10 billion in Macau | Daily Brief
01/29/2021|11:45:51 PM|
Chinese travel companies raise $5.6 billion last year; China rejects BN(O) passport as travel document.
Upscale hospitality group New Century projects 80%-90% less profit
02/03/2021|6:03:23 AM|
In the second half of 2020, the hotel chain's occupancy rate and RevPAR were significantly improved.
Trip.com Group refers to 4 operating highlights of Q4
03/05/2021|10:56:10 AM|
Trip.com Group has witnessed average spending on domestic package tours rising notably year-over-year in Q4, plus it has identified new growth drivers beyond COVID.
Holiday travel outlook gets worse; Singapore sees 88% fewer Chinese visitors | Daily Brief
02/03/2021|11:07:11 PM|
Hong Kong Airlines in danger of getting wings clipped; New York investment firm acquires 6.64% stake in Trip.com Group.
Trip.com Group revenue drops 40% in Q4, domestic hotel GMV rises
03/04/2021|6:32:43 AM|
Product development expenses accounted for 42% of net revenue in 2020.
China recovery falls off rails; Conglomerate HNA faces bankruptcy | Weekly Review
01/30/2021|11:52:06 PM|
Travel experience booking platform Klook raises $200 million; China set to expand blacklist of overseas tourist destinations.
Upscale hotel chain expects profit drop; China's No. 4 airline to draw new investors | Daily Brief
02/03/2021|6:13:14 AM|
Club Med owner Fosun Tourism expects annual loss of up to $410 million; Chinese airlines’ income for the festival travel may rush down 60%-70%.
Wyndham reports a 40% revenue decline, but Greater China RevPAR performs far better than other regions
02/12/2021|11:56:55 PM|
System-wide rooms declined 4% year-over-year.
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