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TripActions finds opportunity in crisis, adds $125M in new funding
06/17/2020
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4:27:44 PM
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The value of its travel budget under management annually has grown from USD 2.3 billion to USD 2.8 billion during that same period.
What does Zoom really think about the future of corporate travel?
06/16/2020
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1:54:45 PM
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Virtual meeting can greatly increase efficiency but can never replace face to face communication.
Huazhu restructures for global plan; Trip.com Group buys Dutch OTA | Weekly Review
05/23/2020
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9:22:05 PM
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OYO has finally appointed a CEO for its China unit; The world's top 50 hotel brands are losing USD 14 billion in value.
Trip.com Group buys OTA Travix; Tuniu receives Nasdaq compliance warning | Daily Brief
05/23/2020
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11:46:32 AM
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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.
China domestic tourism gets fresh impetus
06/05/2020
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1:46:11 PM
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Hotel bookings have returned to about 50 percent of normal levels, while airlines have generally resumed operations at more than half of their capacity.
Travel companies turn to live streaming and advance purchase for recovery
04/13/2020
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2:43:20 PM
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Advance purchases may not be just a provisional measure during epidemic but a regular project that will stay.
Hotel firm GreenTree expects a 30%-35% drop in Q1 revenue
04/14/2020
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9:35:51 PM
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Due to the impact of COVID-19, the company may record a decline in total revenues of 10%-15% for the full year 2020.
Booking sells $106M Trip.com stake; United may resume China flights | Daily Brief
04/07/2020
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11:35:20 PM
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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.
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