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Search results for “expenditure”
Chinese OTA Tuniu reports 97% drop in packaged-tour revenue
08/28/2020
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7:01:56 PM
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The company expects net revenues to decline 80%-90% year-over-year in Q3.
Corporate travel startup Z-Trip raises $14 million, backed by Dazhong Dianping’s founder
08/13/2020
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8:57:07 AM
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China’s business travel expenditure reached USD 401 billion in 2019, with the annual growth rate exceeding 9.2%.
Advertising and social media nous key to restarting Chinese tourism
07/11/2020
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1:12:32 PM
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In 2019, China accounted for some 1.4 million visitors to Australia and about USD 12.4 billion in annual tourist expenditure.
New data shows Facebook & Google ads effectiveness is fueled by TV advertising
06/17/2020
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5:53:15 PM
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Consumers who clicked on an online ad or visited the advertisers’ website, watched on average 39% more TV ads by that advertiser in the previous week than users who did not.
InterContinental Hotels Group pre-close update
07/01/2020
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5:07:03 PM
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IHG expects to report a comparable RevPAR decline of 75% for Q2.
Hospitality startup K Hotel raises S$2m in seed funding
06/22/2020
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3:03:19 PM
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K Hotel plans to raise S$5 million for its Series A round to further fund this expansion.
Meituan records 45.5% less room nights amid pandemic impact
05/25/2020
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10:25:18 PM
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Revenues from in-store, hotel & travel were RMB 3.09 billion (USD 434 million) in the first quarter, 31.1% less than last year.
Expedia reports net loss of 1.3 billion for Q1 2020
05/21/2020
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7:30:53 AM
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Revenue grew in both January and February before declining significantly year over year in March.
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