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Search results for “Q3”
Huazhu Group gears up for expansion in lower-tier cities
12/09/2020
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11:31:23 AM
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The Chinese multi-brand hotel group mentioned that tier-3 and below cities accounted for 50% of the total pipeline at the end of October. The plan is to establish both middle-scale and economy brands in these places.
Trip.com eyes $1 billion second listing; China debuts a new bullet train | Daily Brief
01/12/2021
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10:03:05 PM
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Analysts say investment in MGM by a Chinese travel firm could be "tricky"; Chinese travel agencies handle 53% less domestic trips.
How will Airbnb, Vrbo, Booking.com and others grow their rental inventory?
12/17/2020
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8:01:21 AM
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While long stays do take inventory off the shelf for a longer period of time, any stay is a great outcome for all parties involved.
China suspends 133 international flights; Trip.com Group focuses on content | Daily Brief
12/04/2020
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3:07:07 AM
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GreenTree Hospitality registers 8.6% drop in revenues; Meituan bounces back in Q3, witnesses peak daily GTV across main businesses.
Hong Kong Disney park closes again; OTA revenues down by 85% | Daily Brief
12/02/2020
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12:02:56 PM
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Asia Pacific hotel performance improves slightly in Q3; COTRI projects 100 million international trips by China in 2021.
Tripadvisor reports net loss of $48 million and estimates Q4 revenue to be lower
11/06/2020
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1:02:18 PM
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Q3 2020 revenue of USD 151 million was 35% of last year’s comparable period and showed improvement versus 14% of Q2 2020.
China's domestic air market recovered; Indebted HNA to sell US asset | Daily Brief
12/10/2020
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12:17:30 AM
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JD, China Southern Airlines launch ship-to-home luggage service; Travel agencies in China handle over 10 million domestic trips in Q2, down 79% from last year.
OTA hotel chain makes investment; Homestay giant's spinoff firm secures funding | Daily Brief
12/05/2020
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1:39:24 PM
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China's hotel titans put Marriott and Hilton to shame; Huazhu posts better-than-expected revenue growth in Q3.
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