Search results for “Strategic Hotels”
Booking sells $106M Trip.com stake; United may resume China flights | Daily Brief
04/07/2020|11:35:20 PM|
The world's largest online travel group cut the stake in its Chinese counterpart by over 3 percentage points; Accor and Alibaba extend their strategic partnership.
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.
Travel companies turn to live streaming and advance purchase for recovery
04/13/2020|2:43:20 PM|
Advance purchases may not be just a provisional measure during epidemic but a regular project that will stay.
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.
Trip.com-associated investor offers to privatize 58.com
04/03/2020|1:31:00 PM|
Ocean Link plans to fund the transaction with equity capital and debt capital.
Klook buys car rental firm; Chinese airlines confident of ‘triumph’ | Daily Brief
04/02/2020|11:56:53 PM|
Global mobile payment solution provider Ksher said it has secured millions of US dollars; China’s airlines see only a short-term hit from the coronavirus outbreak.
Shanghai Disney partially reopens; Trip.com launches travel presales | Daily Brief
03/09/2020|11:38:41 PM|
Trip.com has launched presales of admissions to some 300 scenic spots, air tickets, accommodation and tour packages; Google's travel ad revenue may drop 10.2% in second quarter.
Beijing quarantines inbound travelers; airlines face bankruptcy | Daily Brief
03/18/2020|12:45:03 AM|
Chinese airlines including Air China and China Southern are to reduce international flights in response to the coronavirus pandemic; CAPA said most global airlines will be bankrupt by the end of May.
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