Search results for “hotel revenue”
Global tourism to take a $80B hit, cruises shun Asia to avoid virus | Daily Brief
02/15/2020|12:54:05 AM|
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.
Disney names new CEO; Trip.com Group firm changes chief | Daily Brief
02/26/2020|10:08:38 PM|
Asia-Pacific destinations continue to report a hotel occupancy impact amid the outbreak; China Eastern launched a fresh carrier.
F1 Grand Prix postponed, global airlines to lose $4 billion | Daily Brief
02/12/2020|11:06:29 PM|
ICAO forecast a decline in global traffic of 16.4 million passengers, the hotel industry could end up having to deal with the virus impact for the next 12 months.
China's travel industry bracing for $430 billion losses for 2020
02/14/2020|11:27:31 AM|
Travel volume during this year’s seven-day Lunar New Year period plummeted nearly 63.9% to just 152 million.
HNA-Caissa Tourism shareholders transfer a 1.66% stake to state-owned enterprise
02/21/2020|10:32:22 AM|
Caissa Tourism reported revenue decline of 14.2% in the first three quarters of 2019, to RMB5.95 billion.
China considers airlines bailout; OYO fights to keep hotels open | Daily Brief
02/19/2020|12:07:04 AM|
Malaysia looks to locals and non-Chinese visitors in fulfilling tourist-arrivals target; China plans to take over indebted conglomerate HNA Group and sell off its core airline assets.
Alibaba-backed outbound travel agency to liquidate amid coronavirus outbreak
03/03/2020|1:28:03 PM|
The company has been facing financial troubles since the second half of 2019.
China’s star-rated hotels report Q1 revenue at ￥48.711 billion
08/23/2018|8:22:33 AM|
In Q1, the average room rate (ARR) of all star-rated hotels was RMB 343.13 per room night, average occupancy rate (AOR) was 50.55% (+0.35pp), and revenue per available room (RevPAR) was RMB 173.45 (1.77%).
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