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OYO appoints CEO for its China unit
05/16/2020|10:33:18 PM|
The China market generated USD 307 million in revenue for OYO in FY2019, but also posted a net loss of USD 197 million, accounting for nearly 60% of the company's total annual loss.
US, China double flights; OTA partners with e-commerce giant | Weekly Review
08/23/2020|12:51:29 AM|
Meituan sees 17% decline in hotel room nights in Q2; Contactless travel starts at Beijing airport.
US, China agree to double flights; Hyatt's China brand UrCove open for booking | Daily Brief
08/20/2020|7:07:00 AM|
Trip.com Group controlled nearly 49% voting rights of MakeMyTrip; Victoria Cruise resumed river sailings in China.
China's Jin Jiang ranked the world's second biggest hotel group in 2019
07/28/2020|11:51:57 PM|
Seven Chinese hotel groups made it to the global top 20 hotel groups by room number.
Alibaba Fliggy names new head; Fosun-invested customized travel firm collapses | Weekly Review
06/21/2020|10:34:34 AM|
Indonesia planned travel bubble with China, Japan, and Australia; China Eastern Airlines partners with Trip.com Group to launch a new airline.
E-commerce giant sells OTA asset; Accor works on recovery in China | Weekly Review
06/27/2020|2:52:42 PM|
Shiji gained three months to sell its U.S.-based asset StayNTouch; Trip.com Group unveiled a USD 500 million fund for its travel partners.
Didi starts international travel agency; Trip.com faces more challenges | Weekly Review
06/01/2020|10:59:28 AM|
The worse is yet to come as Trip.com Group projected net revenue to drop by 67%-77% in Q2; TravelSky sells a stake in its consumer-facing app to China Southern Airlines.
MakeMyTrip's operating loss widens nearly tenfold in latest quarter
06/27/2020|2:30:47 PM|
Revenues from air ticketing and hotels & packages posted declines of 14% and 18.3% respectively. But the company's bus ticketing business still saw an increase of 21%.
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