Search results for “New Year”
Listening to the market: when will recovery happen?
According to the results of surveys conducted by OAG, McKinsey and Ctrip, most people are ready and willing to have leisure travels. However, business travel will still be challenged.
Didi starts international travel agency; Trip.com faces more challenges | Weekly Review
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.
Domestic flights further rebound; Searches for China flights rise | Daily Brief
China and Singapore agreed to create a fast lane to facilitate essential travel without 14-day quarantine from June 8; Trip.com Group set up a new unit to invest in startups.
China Southern won’t bring A380 back to U.S. flights this summer
A greater loss would be the A380’s smaller cargo hold compared to the 777.
Social e-commerce platform Pinduoduo adds flight booking service
Profitability is not the only challenge that Pinduoduo will have to face, as China’s online travel market is already very crowded.
Seven hotels in Shanghai, and Hong Kong likely to delay scheduled opening dates
The hotels in the two cities represent a combined 2,246 rooms.
Major OTA reports 43.6% drop in revenue; China buys into Norwegian Air | Daily Brief
Travel distribution firm DerbySoft is building new connections with Airbnb and HotelTonight; Marriott expects East Asia to lead the recovery with millennial customers.
Bain Capital: Virgin Australia needs to regain "Virgin Blue fun"
Bain's Virgin 2.0 will be an airline for all Australians, with Australian management and staff, funded by significant Australian money, and Bain Capital, which has been investing in Australia for more than 20 years.
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China outbound tourism expected to recover in 6-12 months
South Korea travel startup MyRealTrip secures USD 36M in new funding
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