Search results for “Global Travel Market”
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.
China’s tentative domestic bounce-back raises hopes for renewed V-shaped recovery
02/18/2021|2:03:20 PM|
Just over 8% of the Chinese-operated passenger jet fleet as having in-storage status on February 10. This compared with the global figure of over 32% of passenger jets in storage.
China requires quarantine before traveling; Macau to see 30% more flights | Daily Brief
02/19/2021|8:53:36 PM|
Spring Festival spending rebounds beyond pre-pandemic level; China reports zero COVID-19 high-risk areas.
Asia travel agencies turn asset-light; Jin Jiang, Huazhu remains Accor’s major shareholders | Daily Brief
02/24/2021|11:23:21 PM|
Global theme park brands target lower-tier Chinese cities next five years; Macau casino operators’ stocks rally as China quarantine lifted.
Family-activity firm raise fund; America to overhaul Asia in flights | Daily Brief
02/04/2021|11:04:41 PM|
Chinese travelers are more optimistic about travel in 2021; China Eastern Airlines gets $1.7 billion lifeline.
China brings down daily Covid cases; Universal Beijing Resort works with Tencent | Daily Brief
02/06/2021|12:35:15 AM|
Skyscanner changes leadership, focuses on post-pandemic recovery; United Airlines looks to Europe, China for overseas rebound.
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.
Accor’s revenue reduces nearly 60% in 2020, but Huazhu invests more
02/24/2021|5:55:57 PM|
In China, the recovery observed from the second quarter onwards gathered pace quarter after quarter, resulting in a 44.2% decline in RevPAR over the year.
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