Search results for “Hotel Groups”
State-owned bank bails out OTA; airlines to see first traffic drop in a decade | Daily Brief
02/21/2020|11:21:10 PM|
The Industrial and Commercial Bank of China will provide a USD 86.7 million loan to online travel giant Trip.com Group; RevPAR of Hyatt hotels declined 90% last month in China.
Ctrip-invested Tongcheng Tourism leads funding in Mehood Hotel
08/14/2018|4:16:20 PM|
Mehood expects to add 300 hotels to its inventory and launch 150 hotels by the end of this year, and increase the number of its hotels to 1,500 and open 1,000 hotels by 2022.
Chinese outbound travel firm collapses; Beijing quarantines travelers | Daily Brief
03/03/2020|6:34:07 PM|
Japanese cruise line blamed coronavirus for its bankruptcy; Thailand projected 6 million fewer visitors this year.
Alibaba-backed outbound travel agency to liquidate amid coronavirus outbreak
03/03/2020|1:28:03 PM|
The company has been facing financial troubles since the second half of 2019.
Global tourism to take a $80B hit, cruises shun Asia to avoid virus | Daily Brief
02/15/2020|12:54:05 AM|
The coronavirus impact may last until the second quarter of 2021, industries are feeling the pinch beyond China, with the full impact remains to be seen.
Airbus to restart China plant, OTA reshuffles management | Daily Brief
02/12/2020|1:27:16 AM|
Singapore expects visitor arrivals to drop 25%-30% this year due to the virus, OYO has brought in 8,500 more rooms in China, and more for the day.
Virus makes Olympics difficult; Air France sees €200M impact | Daily Brief
02/21/2020|12:54:32 AM|
Air France-KLM warned of a €150-million to €200-million hit to earnings by April; Asia Pacific airlines could lose $27.8 billion due to outbreak.
Qunar.com CEO not ruling out independent IPO
01/03/2020|5:41:13 PM|
Qunar's APP has 28.88 million active users, second only to Ctrip, according to an Analysys guide on China's online travel booking market 2019.
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