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Air China maintains U.S. flying; Beijing airport to transfer international flights | Daily Brief
03/19/2020|1:03:31 AM|
The world's largest hotel chain has started furloughing tens of thousands of employees; Cathay Pacific will sell six of its Boeing 777-300ER planes to BOC Aviation.
Upscale hotel group New Century reports a 144.1% jump in EBITDA
03/22/2020|8:59:45 PM|
The Chinese hotelier invested by Trip.com Group said it has "sufficient financial resources" to deal with coronavirus impact.
Business travel platform Helios secures $42 million for global expansion
04/02/2020|3:13:04 PM|
Helios has provided business travel solutions to thousands of enterprises such as Trip.com Group, Didi Chuxing, and JD.com.
Canton Fair will go digital; IATA allows airline refunds in coupons | Daily Brief
04/09/2020|2:41:47 AM|
The 127th Canton Fair will take place in mid to late June and be hosted online to prevent the spread of coronavirus; Wuhan airport re-opens to host 233 flights today.
Trip.com-invested hotel brand collapses; Airbnb halts marketing to save $800M | Daily Brief
03/31/2020|11:25:59 PM|
Airbnb will suspend all marketing activities in a move which will save USD 800 million a year; China saw a huge uptick in flight searches.
Trip.com-associated investor offers to privatize 58.com
04/03/2020|1:31:00 PM|
Ocean Link plans to fund the transaction with equity capital and debt capital.
Meituan warns of pandemic-hit loss; Shanghai attractions close again | Daily Brief
03/31/2020|12:09:00 AM|
State bank ICBC provides USD 14.5 billion in financing to cultural and tourism firms in Beijing; TravelSky processed 1,071.9 million transactions and 432.8 million BSP tickets last year.
Airbnb loses $276M in Q4; Trip.com taps into virtual banking | Daily Brief
03/13/2020|10:12:26 PM|
Expedia is withdrawing its adjusted EBITDA guidance due to growing virus impact; Global hotel transaction volumes in 2019 reached USD 66 billion last year.
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