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Search results for “RevPAR”
Marriott sees $25M impact; Expedia global layoffs cost up to $130M | Daily Brief
02/27/2020
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10:01:43 AM
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Expedia has kicked off its global lay-off this week in Hong Kong and Singapore; Sabre said the outbreak could cost a USD 100-150 million loss in first-quarter revenue.
State-owned bank bails out OTA; airlines to see first traffic drop in a decade | Daily Brief
02/21/2020
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11:21:10 PM
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The Industrial and Commercial Bank of China will provide a USD 86.7 million loan to online travel giant Trip.com Group; RevPAR of Hyatt hotels declined 90% last month in China.
China data portend tough times for US hotels; Cathay cuts 96% flights | Daily Brief
03/20/2020
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11:40:36 PM
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Major Chinese airlines registered over 30-percentage-point declines in load factor; Fosun Tourism's China operation slowly recovers.
ITB Berlin canceled; indebted airline group seeks help | Weekly Review
02/29/2020
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6:06:54 PM
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The ITB Berlin 2020 is officially canceled; Expedia starts global lay-offs this week in Asia offices.
Disney names new CEO; Trip.com Group firm changes chief | Daily Brief
02/26/2020
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10:08:38 PM
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Asia-Pacific destinations continue to report a hotel occupancy impact amid the outbreak; China Eastern launched a fresh carrier.
China curbs overseas arrivals; OYO falls short in Japan | Daily Brief
02/26/2020
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10:26:24 AM
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Some Chinese cities have begun to restrict arrivals from overseas, signaling that the epidemic’s momentum has shifted outside of China.
Global tourism to take a $80B hit, cruises shun Asia to avoid virus | Daily Brief
02/15/2020
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12:54:05 AM
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The coronavirus impact may last until the second quarter of 2021, industries are feeling the pinch beyond China, with the full impact remains to be seen.
Global top 3 tourism nations unveiled, China's hotel markets remain strong and more
01/17/2020
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4:57:00 PM
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OYO is firing thousands of staff across China and India; Six Flags is struggling with its planned parks in China and might scrap plans to complete them.
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