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Home-sharing in China suffers 72.1% drop; Hotel giant changes directors | Daily Brief
07/24/2020|9:50:03 AM|
China's home rental market saw a 72.1% decline in transaction volume in January-May; 45% of the APAC respondents expect to travel within the next 6 months.
Hotel recovery led by midscale & economy; Global aviation loss to rise to $2T | Daily Brief
04/11/2020|6:28:44 AM|
Shanghai Airport stock slumps below target by the widest margin in 13 years; China's theme parks re-open with strict rules to prevent further outbreak of the virus.
Japan to ease travel curbs for China; Canada updates Hong Kong advisory | Daily Brief
07/02/2020|6:45:06 AM|
Around 90% of staff at Cathay Pacific agreed to take unpaid leave in a second round of cost-saving measures; Chinese hotel chain Huazhu recorded a 15.7% drop in Q1 net revenue.
Hotel giant Huazhu reports 15.7% drop in Q1 revenue, expects further decline in Q2
07/01/2020|10:22:38 PM|
Huazhu expects net revenues to decline 32% to 34% year-over-year in the second quarter of 2020, or 35% to 37% if excluding the addition of Deutsche Hospitality.
China's key to airline recovery in East Asia; Visitor arrivals in Korea drop 99% | Daily Brief
07/18/2020|11:34:08 AM|
Huazhu subsidiary Deutsche Hospitality unveils "H Rewards" loyalty benefits; Air France-KLM adds China flights after France intervenes.
Radisson Hotel Group partners with Ctrip to drive growth in China and abroad
10/18/2018|11:35:24 AM|
The partnership will see Ctrip work with Radisson to develop China as a source market – increasing the number of outbound Chinese guests visiting its range of more than 1,100 hotels in operation.
Ctrip rival Meituan sells 209.6 million hotel room nights in 9 months
11/22/2018|7:21:26 PM|
Meituan has sold a total of 209.6 million domestic hotel room nights in the first three quarter of 2018. By comparison, the company marked 200 million room nights stayed on December 26, 2017.
Alibaba appoints new president for Fliggy travel unit
06/18/2020|3:02:37 PM|
The Fliggy brand has had three presidents in the past four years.
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