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Search results for “hotel collapse”
Thomas Cook brand bought by China's Fosun Tourism
11/04/2019
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10:26:07 AM
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Thomas Cook collapsed after an ambitious expansion plan to compete with online travel agencies. Ironically, it is being reported that the relaunched Thomas Cook will be an online-only agency.
What Thomas Cook bankruptcy means for Booking Holdings
09/29/2019
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10:20:11 AM
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Hotels partnered with Thomas Cook may go to Booking Holdings, and clients with weakened confidence in traditional travel agencies may turn to OTA.
What does OYO mean for the Chinese hotel industry?
09/04/2019
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6:39:38 PM
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The standalone hotels that are hidden below the iceberg present a trillion-RMB market experiencing consumption upgrade.
Hong Kong hotels in crisis as protests deter Chinese tourists
08/16/2019
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2:57:50 PM
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Hotel occupancy rates that averaged 90% in the first half will fall by a third or more and that arrivals from the mainland to Hong Kong, a key shopping destination for Chinese, could slow to a trickle.
Fast-expanding OYO faces financing impasse and distrust in China
07/01/2019
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11:58:07 AM
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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.
Potential bidders circle Thomas Cook as it hires turnaround specialist
04/22/2019
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4:06:21 PM
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EU rules banning majority foreign ownership would block Fosun from running Thomas Cook’s airline arm.
Ctrip: Chinese tourists in Turkey up 150% as lira nosedives
08/17/2018
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9:50:22 AM
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The tally of Chinese travelers visiting Turkey is set to top 400,000 this year, according to statistics.
Despite having big-name backers, these Chinese firms didn’t survive COVID-19
04/22/2020
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3:56:12 PM
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Wujiang Hotels backed by Trip.com Group and Alibaba-invested outbound travel agency Baicheng collapse during the epidemic.
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