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Chinese OTA Tuniu reports 97% drop in packaged-tour revenue

08/28/2020|7:01:56 PM|

The company expects net revenues to decline 80%-90% year-over-year in Q3.

MakeMyTrip posts a 95% drop in revenue

08/23/2020|12:14:24 AM|

The company has secured credit and guarantee facilities of USD 100 million, which includes a USD 70 million facility from MakeMyTrip's largest shareholder.

IHG's Greater China RevPAR drops 62% in half year

08/12/2020|5:15:34 PM|

The Greater China area generated USD 18 million in half-year revenue for IHG, and that's only 1.4% of the UK-based hotel chain's global income in the period.

Sabre revenue plunges 91.7% in Q2

08/08/2020|4:51:09 PM|

The GDS platform completed integration with Google Cloud and delivered first phase of Google Flight Search Availability.

Booking Holdings gains more than $1 billion on its Meituan investment

08/07/2020|8:14:22 AM|

Room nights booked declined by 87%.

Disney reports 85% decline in Parks, Experiences and Products

08/05/2020|5:24:03 PM|

Bob Chapek, CEO of Disney, remained confident that the company "should be in good shape once consumer confidence sort of returns".

Greater China continues to lead Hyatt Hotels' recovery

08/04/2020|6:31:08 PM|

RevPAR in Greater China has shown continued improvement since May, with preliminary estimates indicating occupancy reaching 57% at the end of July.

Amadeus revenue contracted 54.7% in first half of 2020

07/31/2020|6:25:59 PM|

Travel agency bookings fell by 78.6% to 65.9 million.

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