Search results for “New Year”
Chinese arrivals to Australia drop 99.8%; China Southern to raise over $2B | Daily Brief
Hotel occupancy in China reached over 40% during May 6-10 as business travel increased; Cathay Pacific flagged a “very bleak” outlook as coronavirus grounded planes globally.
New data shows Facebook & Google ads effectiveness is fueled by TV advertising
Consumers who clicked on an online ad or visited the advertisers’ website, watched on average 39% more TV ads by that advertiser in the previous week than users who did not.
TripActions finds opportunity in crisis, adds $125M in new funding
The value of its travel budget under management annually has grown from USD 2.3 billion to USD 2.8 billion during that same period.
OTAs vow to drop rate parity; Travel recovery to peak after September | Weekly Review
IHG starts flagship store on Trip.com Group; 70% of OYO hotels in China are now back to business.
Huazhu restructures for global plan; Trip.com Group buys Dutch OTA | Weekly Review
OYO has finally appointed a CEO for its China unit; The world's top 50 hotel brands are losing USD 14 billion in value.
Tokyo ranks top destination for Chinese New Year travel in 2018
Tokyo has overtaken Bangkok as the number one Chinese New Year destination for Asian travelers in 2018, a title held by Bangkok for the last two years.
Peer-to-peer RV rental startup Outdoorsy attracts $88 million in venture funding
Outdoorsy has seen a 2,645% increase in bookings from the low point of COVID, which was late March, to right now.
Palminvest buys Portuguese hotel chain for $335 million
The acquisition is a risk worth taking although it could take up to five years to restore its profits to where they were before the outbreak.
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Discount pricing + digital tools drive domestic travel transactions in China
Marriott CEO Arne Sorenson on the future of the hospitality industry, masks, and furloughs
Innovation deserves recognition - The 2020 Digital Travel Awards opened for submission
Asia Pacific theme parks thrive with dramatic rises in China
Video sharing app TikTok challenges Ctrip and Meituan in their stronghold
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