Search results for “financing”
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.
Tencent-invested travel firm reports 24.6% drop in revenue, sees recovery trend
08/28/2020|6:37:48 PM|
As of June 30, around 85.9% of its registered users resided in non-first-tier Chinese cities.
Trivago total revenue decreases by 93% in Q2 of 2020
07/29/2020|2:34:53 PM|
In the six months ended June 30, 2020, net income decreased by €248.1 million to a loss of €234.4 million.
World’s top 50 valuable hotel brands could lose up to $14 billion of brand value
05/22/2020|5:25:28 PM|
Hilton remains world’s most valuable hotel brand, up an impressive 35%. Mercure is fastest growing brand, following staggering 57% growth.
Genting Hong Kong secures €2.6 billion financing
08/20/2019|3:32:58 PM|
The Global Class ships have been designed for the fast-growing Asian cruise market, which will see the largest increase in the number of middle-income households in the world over the next decade.
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.
Fast-expanding OYO faces financing impasse and distrust in China
07/01/2019|11:58:07 AM|
Though the company’s executives said that fresh funds would be injected by early July, it still seems to be a long way from securing that cash.
Marriott reports a net loss of $234 million for Q2, with Greater China leading the recovery
08/11/2020|12:25:55 AM|
Worldwide RevPAR has climbed steadily since its low point of down 90% for the month of April, to a decline of 70% for the month of July.
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