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Search results for “guidance”
Huazhu's net revenue rises 8.5%, same-hotel RevPAR down by 5.4%
03/27/2020
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8:19:48 AM
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Huazhu is expected to close 350-450 hotels, including planned closure of 300-350 hotels and special closure of 50-100 hotels impacted by COVID-19.
Trip.com Group charts course out of virus fog
03/20/2020
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11:12:18 AM
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The company’s clearer outlook is a far cry from peers such as Expedia and Booking Holdings, which have both withdrawn financial guidance, citing the pandemic.
Asia is restricting visitors; Agoda offers long-term stays | Daily Brief
03/16/2020
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11:21:21 PM
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Trip.com Group-backed hotel firm reported virus impact of RMB 20.77 million in 38 days; Scandinavian airline SAS will temporarily lay off 10,000 employees, or 90% of its workforce.
Expedia reports 8% growth in gross booking for 2019
02/14/2020
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7:43:30 AM
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The company expects the coronavirus will have USD 30-40 million impact to adjusted EBITDA in Q1.
Corporate travel to take a $560B hit; searches for flights up 138% | Daily Brief
03/02/2020
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4:49:38 PM
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China allocated USD 814 million to support project construction in the cultural tourism industry; Singapore Airlines is cutting pay for management staff.
Air New Zealand reduce capacity on Shanghai and Hong Kong routes
02/18/2020
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4:02:59 PM
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From 30 March, Shanghai services will be adjusted from seven return services per week to a return service every second day through to 30 April.
OTA seeks $1.2 billion loan, tourism slowdown spreads in Asia | Daily Brief
02/15/2020
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12:54:56 AM
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Travel advisers projected 10%-15% off in the $45.6 billion global cruise industry, major Chinese park operator warned of epidemic impact on $320 million asset-backed notes.
Global tourism to take a $80B hit, cruises shun Asia to avoid virus | Daily Brief
02/15/2020
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12:54:05 AM
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The coronavirus impact may last until the second quarter of 2021, industries are feeling the pinch beyond China, with the full impact remains to be seen.
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