Search results for “IT”
Huazhu's net revenue rises 8.5%, same-hotel RevPAR down by 5.4%
03/27/2020|8:19:48 AM|
Huazhu is expected to close 350-450 hotels, including planned closure of 300-350 hotels and special closure of 50-100 hotels impacted by COVID-19.
Jinjiang dumps its majority stake in Joyu for RMB 970 million
10/20/2017|4:28:53 PM|
Jinjiang International has transferred its 16.1892% stake in Joyu Group for RMB 969.8 million, after which it will no longer be a shareholder of Joyu.
UTour acquires 13 stores to expand its retail travel in Suzhou
10/20/2017|9:38:12 AM|
UTour taps Xingzhou International Travel’s competitiveness in Suzhou to make up for its own lackluster performance in its Suzhou retailing business through the collaboration.
Trip.com Group-controlled Qunar’s CEO is appointed as CEO of Tujia
02/26/2020|9:20:22 AM|
Mr. Gang Chen will retain his CEO post at Qunar.com after adding the responsibility as Tujia’s new CEO.
Expedia suspends travel listings from mainland China amid coronavirus outbreak
02/20/2020|9:53:35 PM|
Expedia has informed its suppliers via email that it will suspend the sale of all mainland China-based products, ground transportation and tours.
"Direct sales" going up for Chinese carriers, but is it enough?
10/18/2017|9:02:02 PM|
Top carriers in China today have 40-45% sales coming in via "direct" channels. But this figure also includes selling inventory via OTAs. So this doesn't translate into owning the passenger for airlines.
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.
MakeMyTrip narrows operating loss, changes Group CEO
02/11/2020|12:01:36 AM|
MakeMyTrip believes that separating the roles of Group CEO and Executive Chairman will allow the company to strengthen its focus on long-term strategic opportunities within and outside India.
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