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Upscale hotel group New Century reports a 144.1% jump in EBITDA
03/22/2020|8:59:45 PM|
The Chinese hotelier invested by Trip.com Group said it has "sufficient financial resources" to deal with coronavirus impact.
China advises against overseas travel; Tourism to drop over one third | Daily Brief
04/23/2020|12:49:39 AM|
Travel searches have continued to climb for the International Labor Day holiday; Research estimates the COVID-19 will dent China's total tourism income by more than 30% this year.
Canton Fair will go digital; IATA allows airline refunds in coupons | Daily Brief
04/09/2020|2:41:47 AM|
The 127th Canton Fair will take place in mid to late June and be hosted online to prevent the spread of coronavirus; Wuhan airport re-opens to host 233 flights today.
TripAdvisor recorded 7% drop in revenue in third quarter
11/07/2019|10:07:29 AM|
In light of the difficult third quarter, TripAdvisor announced a comprehensive cost structure evaluation and authorized an additional $100 million share repurchase.
Travelport’s CEO ready to look beyond the air segment in China
10/11/2019|9:43:18 AM|
Recently appointed CEO, Greg Webb, has indicated that Travelport may move into the hospitality space and some of the other components as opposed to focusing only on the airline side going forward.
Travelport unveils trends that will shape travel experiences in 2020
01/21/2020|1:53:55 PM|
Customers are moving towards self-service options, with 55% of the respondents preferring to hear about travel disruption via digital communications rather than on the phone.
Travelport appoints John Elieson as Chief Operating Officer
01/13/2020|11:48:32 AM|
As Chief Operating Officer, John will have strategic oversight of Travelport’s growth strategy, sales organization and M&A agenda.
US, China, Germany rank Top 3 countries by annual tourism revenue
01/10/2020|10:55:11 PM|
Sino-US trade frictions did not affect the variation of China’s tourist arrivals from the US, which grew 7.4% in 2018, 4.6 percentage points higher than that in 2017.
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