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US regulator triggered by HNA revamp; OYO’s Chinese rivals merge | Daily Brief
Cathay Pacific expects "substantial" loss in the first half of the year; Tokyo Disney extended shutdown to April.
Trivago's total revenue decreases by 8% to €838.6 million in 2019
Net income increased by €38.7 million to €17.2 million in the twelve months ended December 31, 2019.
Shanghai Disney partially reopens; Trip.com launches travel presales | Daily Brief
Trip.com has launched presales of admissions to some 300 scenic spots, air tickets, accommodation and tour packages; Google's travel ad revenue may drop 10.2% in second quarter.
European airlines lead a la carte revenue estimate at $31.5 billion
The global airline industry earned US$75.6 billion from the sale of ‘a la carte’ ancillary services in 2019.
Hospitality startup Limehome secures €21M in funding
Limehome automates all conventional processes of hotel business – from pricing, booking, check-in, cleaning, customer service to invoicing.
Destination activities unicorn Klook to take on GetYourGuide in Europe
Both Klook and GetYourGuide are backed by SoftBank Group's Vision Fund, and each of the two companies is valued at more than USD 1 billion.
Global hotel industry to be more brand-heavy in 2025
More soft brands will be added in the developing world, or regions such as the U.S., Europe and some parts of Asia.
Billion-dollar trade events hit, luxury brands suffer - Virus Updates
At least 61 people onboard a cruise ship off Japan have tested positive for the coronavirus; Hong Kong Airlines will cut 10% of its workforce.
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China to curb foreign travel until October
World’s top 50 valuable hotel brands could lose up to $14 billion of brand value
Agoda cuts 1,500 jobs in Asia
Trip.com Group’s acquisition of Travix hints at appeal of smaller OTA
OYO appoints CEO for its China unit
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