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Virus may cost 75M travel jobs; Forward bookings show dramatic rebound | Weekly Review
03/28/2020|9:54:45 PM|
Hotel giant leverages equity investments to grow profit significantly last year; Chinese visitors to Japan plunge 87.9% in February.
Alibaba backs Israeli travel startup; Klook buys car-hire firm | Weekly Review
04/04/2020|10:14:48 PM|
Chinese airlines rescheduled their international flights after national regulators decided to limit the number of international flights to curtail imported COVID-19 cases.
Trip.com Group Chairman James Liang: Beware the xenophobia epidemic
04/01/2020|6:31:44 PM|
James Liang puts emphasis on information sharing, cure development, support, screening and quarantine improvement.
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.
Restaurant, hotel management platform Tripleseat acquired by Vista Equity
03/30/2020|9:47:02 PM|
Through the acquisition, Gather, already owned by Vista, will be merged with Tripleseat.
German travel tech startups hunker down for 'nuclear winter'
03/18/2020|6:17:23 PM|
Berlin-based GetYourGuide and ticket booking website Omio said they planned to spend the expected quiet period working on tech systems.
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.
HNA Group asks Chinese government for help as liquidity risks rise
02/29/2020|4:51:08 PM|
Parent group of Hainan Airlines asked local provincial government to help resolve its liquidity risks.
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