Search results for “global tourism industry”
China advises against overseas travel; Tourism to drop over one third | Daily Brief
04/23/2020|12:49:39 AM|
Travel searches have continued to climb for the International Labor Day holiday; Research estimates the COVID-19 will dent China's total tourism income by more than 30% this year.
Chinese hotel CEOs gear up for new normal, expect rebound by mid-Q2
03/28/2020|9:08:22 PM|
Senior executives from Plateno Group’s Xana Hotelle, 7Days Inn and Vienna Hotel Co. believe that they have weathered the COVID-19 storm with apt financial planning, and by responding with compassion.
Trip.com to borrow up to $1.5B; Airbnb lowers valuation by 16% | Daily Brief
04/03/2020|11:02:25 PM|
An investment firm indirectly associated with Trip.com Group wants to privatize online classifieds marketplace 58.com; OYO's CEO will forego his salary for the rest of the year.
Booking sells $106M Trip.com stake; United may resume China flights | Daily Brief
04/07/2020|11:35:20 PM|
The world's largest online travel group cut the stake in its Chinese counterpart by over 3 percentage points; Accor and Alibaba extend their strategic partnership.
Fosun Tourism raises $988M; Forward bookings in China show dramatic rebound | Daily Brief
03/23/2020|11:34:25 PM|
Chinese tourist arrivals to Japan dropped 87.9% in February; Hainan government announced a USD 21.2 million rejuvenation plan for the island’s beleaguered tourism industry with duty free shopping at the heart.
Amadeus Q1 revenues down, will adapt to remain challenging months
05/13/2020|10:07:47 AM|
Amadeus’ first-quarter revenue came in at 1.02 billion euros, in line with its own estimate of a 25% to 30% drop published in April.
Asian aviation rebounds slowly after a 47% decline in scheduled seats
04/23/2020|3:12:44 PM|
The actual number of flights on China’s domestic routes have recovered slightly since the beginning of March.
Travel retail: Break old models to build new ones
03/23/2020|12:10:00 PM|
Reinventing travel retail will bring about new opportunities despite the raging pandemic.
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