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Huazhu Group reports 18% RevPAR decline from pre-pandemic level
10/28/2021|12:57:38 PM|
The blended RevPAR of Legacy-Huazhu during the Golden Week recovered to only approximately 82% of the 2019 level.
Evaluating the role of tech and agencies in facilitating travel
11/15/2021|12:21:22 PM|
Travelport is constantly evaluating the travel-related situation in the Asia Pacific region and accordingly preparing for ways to support the industry, including companies and travellers from the Chinese market.
MakeMyTrip reports 220% revenue increase, with operating loss narrowing 60%
10/27/2021|2:17:42 PM|
Hotels and Packages Revenue s increased by 663.7%  to $33.5 million.
Virus may cost 75M travel jobs; Forward bookings show dramatic rebound | Weekly Review
03/28/2020|9:54:45 PM|
Hotel giant leverages equity investments to grow profit significantly last year; Chinese visitors to Japan plunge 87.9% in February.
Hainan pilots 'cruises to nowhere' to restart China’s cruise industry
09/07/2021|8:30:25 PM|
Hainan, with 64.6 million visitor arrivals and revenues of USD 13.5 billion in 2020, has abundant tourism resources and a large customer baser to support cruises.
OTA chief cuts salary; event cancellations cost $1B | Daily Brief
03/11/2020|12:24:19 AM|
The direct economic loss from the cancellation from nine major tech conferences already surpassed USD 1 billion; A Disneyland Paris maintenance worker tested positive for coronavirus.
Marriott sees $25M impact; Expedia global layoffs cost up to $130M | Daily Brief
02/27/2020|10:01:43 AM|
Expedia has kicked off its global lay-off this week in Hong Kong and Singapore; Sabre said the outbreak could cost a USD 100-150 million loss in first-quarter revenue.
Universal Studios to open on Sep 20; Meituan posts 81% rise in Q2 room nights | Daily Brief
08/30/2021|9:39:21 PM|
Merlin starts construction on $1 billion Legoland theme park in Shenzhen; UK universities chartering planes to fly in 1,200 Chinese students.
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