Search results for “industry disruption”
Tuniu appoints financial controller; Chinese airlines on track for recovery | Daily Brief
05/30/2020|2:37:22 PM|
Trip.com Group posted a 62% drop in accommodation and a 29% decrease in transportation; Global travel disruptions are the top concern for American businesses in China.
Tencent-backed OTA reports a 43.6% drop in Q1 revenue
05/21/2020|5:34:42 PM|
Net revenue is expected to decrease by 24% to 29% for the second quarter this year.
Klook buys car rental firm; Chinese airlines confident of ‘triumph’ | Daily Brief
04/02/2020|11:56:53 PM|
Global mobile payment solution provider Ksher said it has secured millions of US dollars; China’s airlines see only a short-term hit from the coronavirus outbreak.
Travel retail: Break old models to build new ones
03/23/2020|12:10:00 PM|
Reinventing travel retail will bring about new opportunities despite the raging pandemic.
Fosun Tourism raises $988M; Forward bookings in China show dramatic rebound | Daily Brief
03/23/2020|11:34:25 PM|
Chinese tourist arrivals to Japan dropped 87.9% in February; Hainan government announced a USD 21.2 million rejuvenation plan for the island’s beleaguered tourism industry with duty free shopping at the heart.
Tencent-invested Meituan registers 110 million room nights in Q4
03/30/2020|6:29:26 PM|
Meituan estimates negative year-over-year revenues growth and operating loss for the first quarter of 2020 due to the pandemic.
Trip.com-invested hotel brand collapses; Airbnb halts marketing to save $800M | Daily Brief
03/31/2020|11:25:59 PM|
Airbnb will suspend all marketing activities in a move which will save USD 800 million a year; China saw a huge uptick in flight searches.
Huazhu's net revenue rises 8.5%, same-hotel RevPAR down by 5.4%
03/27/2020|8:19:48 AM|
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.
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