Search results for “aviation industry”
OTA giant sees revenue falling by half; Foreign arrivals to Japan plunge 58% | Daily Brief
03/19/2020|10:52:49 PM|
Trip.com Group expects net revenue to decrease by 45%-50% in the first quarter; Four-fifths of flight capacity between China and the rest of the world has been cut back.
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.
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.
China limits cross-border flights, halts entry by foreigner visa & residence permit | Daily Brief
03/27/2020|12:58:59 AM|
Weekly flights will be downsized to around 130, reducing the number of China's inbound airline passengers from 25,000 to around 5,000 per day.
Fosun cuts stake in Booking Holdings; OYO sees recovery in China | Daily Brief
03/26/2020|12:49:33 AM|
The online travel company co-invested by Trip.com Group and Tencent reported over 205 million monthly active users; Hong Kong expects to see “zero visitors” for months.
Trip.com-invested hotel brand collapses; Airbnb halts marketing to save $800M | Daily Brief
03/31/2020|11:25:59 PM|
Airbnb will suspend all marketing activities in a move which will save USD 800 million a year; China saw a huge uptick in flight searches.
US regulator triggered by HNA revamp; OYO’s Chinese rivals merge | Daily Brief
03/12/2020|12:11:00 AM|
Cathay Pacific expects "substantial" loss in the first half of the year; Tokyo Disney extended shutdown to April.
Fosun Tourism raises $988M; Forward bookings in China show dramatic rebound | Daily Brief
03/23/2020|11:34:25 PM|
Chinese tourist arrivals to Japan dropped 87.9% in February; Hainan government announced a USD 21.2 million rejuvenation plan for the island’s beleaguered tourism industry with duty free shopping at the heart.
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