Search results for “fee revenue”
Meituan’s local commerce segment shines even in tough Q4
03/26/2023|11:06:18 AM|
The company shared that operating profit of its local commerce segment, led by the food delivery business, rose by 41% in Q4, even as its hotel and travel business suffered during the same period.
Marriott expects over 500 hotels in Greater China in 2023; DiDi’s autonomous driving starts commercial operation | Daily Brief
03/30/2023|9:33:00 PM|
Hong Kong tourism watchdog regulates budget tours; MGM China ends 2022 with loss of over HKD 5.2 billion.
Alibaba reorganizes into 6 units; Club Med owner says resort is ‘not for sale’ | Daily Brief
03/29/2023|11:21:40 PM|
Meituan co-founder acquires AI startup; Hong Kong’s travel industry council builds new B2B platform.
Leisure travel firm Tuniu sees 32% drop in Q3 revenue with narrowed net loss
12/01/2022|7:45:21 PM|
The company expects net revenues to decrease 58%-68% next quarter.
Huazhu better equipped to deal with ups and downs of the business cycle
06/02/2022|10:47:10 AM|
Taking care of its stakeholders and refining its sales strategy as per the demand being seen locally, the hotel company believes it is now better prepared to deal with uncertainty.
Regulator to increase international flights; Shanghai unveils measures to boost tourism | Daily Brief
06/21/2022|2:51:12 AM|
Trip.com to launch its first 'Trip.Best' list; Cathay Pacific extends partnership with Sabre.
Huazhu’s CEO extends support to franchisees
11/27/2021|11:00:55 AM|
The Chinese hotel company acknowledges that the going hasn’t been easy for its franchisees in certain areas and Huazhu has decided to revitalize the “weakened confidence” via certain financial relief.
Trip.com appoints Europe executive; Disney fined for improper notice | Weekly Review
09/04/2021|10:16:39 PM|
Beijing delists non-compliant homestay rentals before marjor theme park opens; Meituan posts 81% rise in Q2 room nights, projects significant regulatory fines.
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