Search results for “US dollar”
Trip.com Group buys OTA Travix; Tuniu receives Nasdaq compliance warning | Daily Brief
05/23/2020|11:46:32 AM|
The hotel sector is heavily impacted by COVID-19 and brands could lose up to USD 14 billion of cumulative brand value; China dismisses suspending applications for private passports as a rumor.
TravelSky adds China Eastern as investor of App; Airbnb China sees recovery | Daily Brief
06/13/2020|11:36:32 AM|
Chinese air traffic is rebounding with each of the biggest three airlines operating around 1,000 more flights per week by the end of May; Cathay Pacific saw a 99.6% drop in passenger traffic in April.
China alerts citizens over US travel; Airline unveils $5 billion bailout plan | Daily Brief
06/09/2020|11:38:09 PM|
The Hong Kong carrier said there will be another round of executive pay cuts and voluntary special leave scheme for employees; Ocean Park, Disneyland will reopen soon.
Major OTA reports 43.6% drop in revenue; China buys into Norwegian Air | Daily Brief
05/21/2020|5:16:44 PM|
Travel distribution firm DerbySoft is building new connections with Airbnb and HotelTonight; Marriott expects East Asia to lead the recovery with millennial customers.
Investors offload stakes in Chinese OTA; Global hotel chains recover in China | Weekly Review
05/09/2020|11:15:38 PM|
Booking loses $130 million in the sale of its Trip.com Group stake; Shanghai Disney theme park will reopen on May 11.
Domestic flights further rebound; Searches for China flights rise | Daily Brief
06/04/2020|11:45:20 PM|
China and Singapore agreed to create a fast lane to facilitate essential travel without 14-day quarantine from June 8; Trip.com Group set up a new unit to invest in startups.
Trip.com Group founds a startup-investment firm with $14 million
06/04/2020|8:45:04 PM|
Mr. Jay Shen, vice president of the Trip.com Group, serves as legal representative of the new company.
Online travel platforms build membership programs for independent hotels
06/04/2020|11:06:50 AM|
Smaller hotels are particularly vulnerable to the coronavirus impact and that may present an opportunity for the online giants to help while growing their own influence.
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