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Hotel recovery led by midscale & economy; Global aviation loss to rise to $2T | Daily Brief
04/11/2020|6:28:44 AM|
Shanghai Airport stock slumps below target by the widest margin in 13 years; China's theme parks re-open with strict rules to prevent further outbreak of the virus.
Deutsche Hospitality accounts for 25% of Huazhu's total revenues in 2019
05/05/2020|4:38:46 PM|
Huazhu Group scheduled to issue a shareholder loan of EUR 20 million to Deutsche Hospitality with a term of 12 months.
Alibaba backs Israeli travel startup; Klook buys car-hire firm | Weekly Review
04/04/2020|10:14:48 PM|
Chinese airlines rescheduled their international flights after national regulators decided to limit the number of international flights to curtail imported COVID-19 cases.
OTA giant invests in PMS provider; payment startup raises $160M | Daily Brief
04/16/2020|6:24:56 PM|
Hundreds of hotels in Wuhan call for government aid after voluntarily providing free rooms to medical workers battling coronavirus; Cathay Pacific carried 90% fewer passengers in March.
Shanghai Disney steps up entrance checks; Chinese airlines lose $4.8 billion | Daily Brief
04/15/2020|11:04:39 PM|
Finnair plans a joint venture with China’s Juneyao Air; Marriott's RevPAR drops 83% in Greater China in March.
TravelSky grows aviation IT revenues by 8.6% in 2019
03/30/2020|2:45:53 PM|
System integration service revenue rose 23.3% to RMB 1,168.0 million for 2019, accounting for 14.4% of the company’s total revenue in the year.
Meituan warns of pandemic-hit loss; Shanghai attractions close again | Daily Brief
03/31/2020|12:09:00 AM|
State bank ICBC provides USD 14.5 billion in financing to cultural and tourism firms in Beijing; TravelSky processed 1,071.9 million transactions and 432.8 million BSP tickets last year.
Fosun Tourism's sales volume drops 15.9% in Q1
04/30/2020|11:11:07 AM|
Resort operation in the first two months grew 8% despite the COVID-19 outbreak since late January.
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