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Asia hotels continue recovery; Nations allow Chinese visitors | Weekly Review
11/02/2020|9:48:43 AM|
Trip.com Group’s live-stream marathon generates USD 56 million in GMV; Frequent, more extravagant vacations lead travel trends in China.
Expedia Group reports 68% drop in gross bookings in Q3
11/05/2020|8:05:25 AM|
"The travel industry and the world still face a prolonged and bumpy path to recovery, with increasing COVID-19 cases and uncertainty around vaccine and therapeutic timelines."
Trivago reports a net loss of €2.3M in Q3 but sees signs of recovery
11/03/2020|1:54:12 PM|
In the third quarter of 2020, Referral Revenue declined to €15.2 million.
China to sanction Boeing; Indian-Wuhan flights set to restart | Daily Brief
10/28/2020|12:41:51 AM|
Study tours firm Sanmaoyou closes million-dollar funding round; China Eastern Airlines issues joint membership card partnering IHG, Guangfa Bank.
China caps capacity of "high-risk" flights; IHG partners with Ant Group | Daily Brief
09/02/2020|12:36:28 AM|
Meituan reports the world’s highest hotel room nights in Q2; Smart tour guide operator Lvji reports a net loss of $11.7 million.
MakeMyTrip reports a decrease of 82.2% in revenue but sees growth from last quarter
10/27/2020|9:39:52 PM|
Results from Operating Activities was a loss of $26.1 million in 2Q21 versus a loss of $31.9 million in 2Q20, reflecting an improvement of $5.8 million YoY.
Meituan's in-store, hotel & travel revenues rise 39.3% in Q3
11/21/2019|5:40:02 PM|
Annual Transacting Users in the twelve months ended September 30, 2019 grew by 14.0% to 435.8 million from 382.3 million in the twelve months ended September 30, 2018.
GreenTree reports 20.1% rise in revenue, 1.3 percentage points drop in occupancy
11/21/2019|4:15:30 AM|
ADR was RMB 174, an increase of 4.2% year-over-year. Occupancy rate was 85.9% in the third quarter, compared with 87.2% in the third quarter of 2018.
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