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OTA rolls out travel marketing hub; Alibaba, Hilton integrate membership | Weekly Review

04/04/2021|11:24:18 PM|

TravelSky net profit plunges 85% in 2020; Tongcheng-Elong acquires a corporate travel firm.

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.

Wyndham Hotels reports a 50% drop in second-quarter revenue

07/29/2020|2:28:13 PM|

Global comparable RevPAR declined 54% year-over-year.

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