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US to ban Chinese flights; Online travel platforms build hotel memberships | Daily Brief
06/03/2020
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11:38:48 PM
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The Trump administration is banning Chinese passenger airlines from flying to the US; Global online travel agencies will drop rate parity terms on Korean regulatory demand.
Major shareholders cut stakes in Trip.com Group
04/12/2020
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10:01:14 AM
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Baidu and Booking Holdings have both taken a step back and sold part of their stakes in the Chinese online travel giant.
Booking Holdings loses over $100 million in Trip.com equity sales
05/08/2020
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7:39:44 AM
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The company reported a net loss of USD 699 million in the first quarter.
Huazhu's net revenue rises 8.5%, same-hotel RevPAR down by 5.4%
03/27/2020
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8:19:48 AM
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Huazhu is expected to close 350-450 hotels, including planned closure of 300-350 hotels and special closure of 50-100 hotels impacted by COVID-19.
Flight Plan 2020: How travel will be different a few months from now
04/21/2020
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6:11:23 PM
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The travel industry no longer represents an opportunity for quick profits.
Virus may cost 75M travel jobs; Forward bookings show dramatic rebound | Weekly Review
03/28/2020
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9:54:45 PM
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Hotel giant leverages equity investments to grow profit significantly last year; Chinese visitors to Japan plunge 87.9% in February.
ANA partners Skyscanner on direct booking; Travelzoo furloughs global workforce | Daily Brief
03/28/2020
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12:28:17 AM
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Three Chinese airline partners work with KLM to support the Netherlands's virus containment; Hong Kong Disney extends ticket expiry date.
Equity investments play a big part in hotel giant Huazhu's annual profit
03/27/2020
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9:43:18 PM
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Same-hotel RevPAR growth has been going down for the past three years.
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