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Ctrip upgrades hotel booking cancellation policy across 100,000 hotels
10/31/2018|5:30:46 PM|
Ctrip will add other measures to optimize booking cancellation down the road.
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.
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.
Huazhu sees improvement in Q2 operation results
07/16/2020|4:59:41 PM|
Same-hotel RevPAR dropped 40.8% in the second quarter, and 52.8% in the first quarter.
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