Search results for “cost-reduction”
Huazhu Group reports 18% RevPAR decline from pre-pandemic level
10/28/2021|12:57:38 PM|
The blended RevPAR of Legacy-Huazhu during the Golden Week recovered to only approximately 82% of the 2019 level.
CWT CEO: Accelerating global strategies and investing in China after restructuring
09/16/2021|2:03:25 PM|
Global scale and capabilities ensure the company can differentiate itself from fledgling startups.
US granting visas to Chinese students; Upcoming holiday travel to be allowed | Daily Brief
08/25/2021|11:32:30 PM|
China resumes partial flights as Covid-19 risks fall; Pre-sale tourism packages booming despite COVID-19.
Sabre reports a net loss of $266 million for Q1, and will not give guidance at this time
05/05/2021|5:13:20 PM|
Sabre’s first quarter revenue decreased by 50%, and global bookings were down by 55%.
Disney parks and experiences revenues nearly halve, but net income doubles
05/15/2021|9:55:55 AM|
The company estimated an additional USD 1.2 billion impact on the Disney Parks, Experiences and Products segment operating income compared to the prior-year quarter.
The current state of airline pricing post-Covid
05/13/2021|3:05:44 PM|
Users are also looking at sustainable and environmentally friendly flight options, thus making it necessary for flight operators to be multimodal in their approach towards pricing and availability.
Huazhu domestic RevPAR recovers to 95% of 2019, European results still reeling
04/23/2021|8:03:38 PM|
The company is taking further cost reduction and cash flow measures in Europe.
Wyndham eyes exceptional conditions for growth in China
06/22/2021|3:07:08 PM|
After Wyndham's decision to restructure its team in the APAC region last year, the group is building on its direct franchising in China and also plans to target consumers from lower-tier cities.
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