Search results for “corporate”
E-commerce site JD buys into tour operator Caissa; Thousands of hotels closed | Daily Brief
04/28/2020|10:41:52 PM|
China saw a declined growth rate of 5.9% in business travel last year; 74.29% of the Chinese hotels and inns have ceased operation due to COVID-19.
Cross-border travel drop offsets OTA's recovery; Meituan invests in AI robotics startup | Daily Brief
05/20/2021|12:12:46 AM|
Hotels account for 62% of China’s lodging industry, most in economy segment; Hong Kong’s battered tourism sector urge people to get vaccinated.
China trends fuel Marriott's recovery confidence; Viacom to build resort in Hainan | Daily Brief
05/11/2021|2:19:21 AM|
Trip.com Group's Star Hub channel launches with over 100 leading travel partners on board; Pilot travel bubble across Taiwan Straits postponed.
Expedia posts a net loss of $581 million in Q1, with leisure travel leading the recovery
05/07/2021|8:49:11 AM|
For the first quarter of 2021, total gross bookings decreased 14%, with lodging bookings experiencing year-over-year growth in the first quarter.
GreenTree Hospitality revenues drop 14.8% last year
04/15/2021|5:07:37 PM|
RevPAR was RMB 124 for the fourth quarter in 2020, down by 3.2% year-over-year but up by 4.1% quarter-over-quarter.
Amadeus expands into Chinese market to bring efficiencies in expense management
04/13/2021|5:33:05 PM|
INEOS Styrolution chooses cytric Expense for its China & Hong Kong operations to help seamlessly process travel expenses and other work-related purchases.
OTA rolls out travel marketing hub; Alibaba, Hilton integrate membership | Weekly Review
04/04/2021|11:24:18 PM|
TravelSky net profit plunges 85% in 2020; Tongcheng-Elong acquires a corporate travel firm.
Chinese hotel giant Huazhu reaps 15% of annual revenue from overseas unit
04/25/2021|5:55:27 PM|
As of last year, Huazhu still held USD 897 million worth of investments in companies including Accor (USD 593 million) and OYO (USD 10 million).
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