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Search results for “expenditure”
Listening to the market: when will recovery happen?
05/14/2020
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3:22:17 PM
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According to the results of surveys conducted by OAG, McKinsey and Ctrip, most people are ready and willing to have leisure travels. However, business travel will still be challenged.
Disney theme parks face USD 21 billion loss through 2022, analysts warn
05/11/2020
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7:14:04 PM
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To put that mind-boggling loss into perspective, that’s enough to pay for Shanghai Disneyland four times over.
Expert’s Voice: Post Covid19 future of hotels and hospitality hinges on Chinese tourists
05/11/2020
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6:52:30 PM
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According to the China Tourism Academy, 84% of the Chinese outbound tourists are young and all under the age of 45.
Ctrip Corporate Travel’s white paper sheds light on latest market trends
04/28/2020
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10:14:49 AM
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China’s business travel market posted a growth rate of 5.9% last year, while the average annual growth rate in 2013-2018 was 11%.
Trustdata: Hotel room nights in China grow to 806 million in 2019
04/10/2020
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10:38:40 PM
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Domestic hotel room nights sold through online booking channels increased 26.7% year on year in 2019.
China's tourism revenue falls 81% during Tomb Sweeping Festival on virus fears
04/09/2020
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5:02:48 PM
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The total number of domestic tourists during the holiday decreased from 61.4% to 43.25 million.
Accor to reduce pay, furlough 75% of global head office teams
04/03/2020
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5:34:53 PM
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Accor is also withdrawing its proposal for a 2019 dividend payment of around €280 million.
Amadeus plans for €300M cost-cutting program as coronavirus slams aviation
03/30/2020
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1:09:49 PM
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The company is also canceling a dividend payment of €320 million that had been scheduled for the general shareholders’ meeting in June.
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