Search results for “cost cut”
Greater China leads Hyatt recovery; Generation Z brings new engine | Weekly Review
08/08/2020|11:39:08 PM|
Booking Holdings gets a triple return on Meituan investment; Jin Jiang remains Accor's biggest shareholder with a 13% stake.
TikTok challenges Ctrip, Meituan; Skyscanner offers free ad slots | Daily Brief
07/30/2020|12:23:21 AM|
A study finds that China's outbound tourism will recover in 6-12 months; Japan, China agree to work toward resuming travel.
Beijing eases restrictions; Seychelles featured on Mafengwo | Daily Brief
07/04/2020|2:51:40 PM|
First airlines go live with Skyscanner’s new options and ancillaries direct booking; Hainan cuts jet fuel prices for Chinese and foreign airlines.
Japan to ease travel curbs for China; Canada updates Hong Kong advisory | Daily Brief
07/02/2020|6:45:06 AM|
Around 90% of staff at Cathay Pacific agreed to take unpaid leave in a second round of cost-saving measures; Chinese hotel chain Huazhu recorded a 15.7% drop in Q1 net revenue.
Tuniu appoints financial controller; Chinese airlines on track for recovery | Daily Brief
05/30/2020|2:37:22 PM|
Trip.com Group posted a 62% drop in accommodation and a 29% decrease in transportation; Global travel disruptions are the top concern for American businesses in China.
Marriott posts new jobs in China; Hong Kong to open to transit passengers | Daily Brief
05/28/2020|12:30:53 AM|
Midscale and economy hotels are driving the recovery of China's hotel market; Cathay Pacific's brand merger hits roadblock from Chinese regulator.
Caissa Travel suspends purchase of Tuniu shares from JD.com
06/01/2020|10:01:08 AM|
If Caissa Travel buys Tuniu shares as planned, it will possibly assume a heavy financial burden and take the risk of not getting returns in the long term.
Shanghai Disney testing parade for reopening; Klook furloughs hundreds | Weekly Review
04/25/2020|6:12:10 PM|
Parent of Chinese OTA Tongcheng-Elong denied speculation about mass layoffs; A study finds COVID-19 will dent China's total tourism income by a third this year.
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