Search results for “Revenue Management”
Back to the future: lessons for the travel sector from China
04/21/2020|10:52:24 AM|
The travel industry may gradually return to normalcy, but the landscape will look quite different.
Upscale hotel group New Century reports a 144.1% jump in EBITDA
03/22/2020|8:59:45 PM|
The Chinese hotelier invested by Trip.com Group said it has "sufficient financial resources" to deal with coronavirus impact.
Huazhu's net revenue rises 8.5%, same-hotel RevPAR down by 5.4%
03/27/2020|8:19:48 AM|
Huazhu is expected to close 350-450 hotels, including planned closure of 300-350 hotels and special closure of 50-100 hotels impacted by COVID-19.
Chinese hotel CEOs gear up for new normal, expect rebound by mid-Q2
03/28/2020|9:08:22 PM|
Senior executives from Plateno Group’s Xana Hotelle, 7Days Inn and Vienna Hotel Co. believe that they have weathered the COVID-19 storm with apt financial planning, and by responding with compassion.
OTA boss advises mobile tech to fight virus; Marriott sees recovery in China | Weely Review
03/21/2020|5:38:25 PM|
Asia's largest online travel group expects its net revenue to drop by nearly half in Q1; China's air regulator moved to divert incoming international flights from Beijing to elsewhere.
Trip.com Group expects revenue to drop 45%-50% amid COVID-19 outbreak
03/19/2020|7:25:49 AM|
Net revenue grew 15% to USD 5.1 billion for the year.
Expedia rescinds 2020 guidance; Airbnb widens losses | Weekly Review
03/14/2020|10:29:49 AM|
OYO undergoes massive downsizing in China, while its local rivals merged amid the virus outbreak; Shanghai Disney reopened some shopping, dining and entertainment options.
China's air passengers fall 84.5%; business travel to lose $820B | Daily Brief
03/12/2020|11:16:53 PM|
Airbnb could face a bill of up to €200 million after a court ruled it was not entitled to claim booking fees from its Dutch customers; Traffic at European airports could fall by 187 million.
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