Search results for “investments”
Asia, Europe or Africa - Chinese hotel chains are going overseas despite headwinds
05/11/2021|5:36:59 PM|
Chinese hotel groups have mixed results in overseas expansion. It’s an industry-wide issue.
China trends fuel Marriott's recovery confidence; Viacom to build resort in Hainan | Daily Brief
05/11/2021|2:19:21 AM|
Trip.com Group's Star Hub channel launches with over 100 leading travel partners on board; Pilot travel bubble across Taiwan Straits postponed.
Expedia posts a net loss of $581 million in Q1, with leisure travel leading the recovery
05/07/2021|8:49:11 AM|
For the first quarter of 2021, total gross bookings decreased 14%, with lodging bookings experiencing year-over-year growth in the first quarter.
Smart hotel tech firm raises $45.6 million; Chinese are now more open to travel | Daily Brief
03/31/2021|9:38:15 PM|
State-owned travel conglomerate CTII posts 56% drop in revenue; Singapore mulls over launch of air travel bubble with Hong Kong.
Trip.com Group invests in multi-channel network to build KOL-derived content
11/06/2019|10:04:22 AM|
KOLs are recruited and expected to generate an average of 20 videos or posts containing photos and texts each month. They also have to coordinate fully with Trip.com Group’s arrangements for their work.
OTA rolls out travel marketing hub; Alibaba, Hilton integrate membership | Weekly Review
04/04/2021|11:24:18 PM|
TravelSky net profit plunges 85% in 2020; Tongcheng-Elong acquires a corporate travel firm.
Chinese hotel giant Huazhu reaps 15% of annual revenue from overseas unit
04/25/2021|5:55:27 PM|
As of last year, Huazhu still held USD 897 million worth of investments in companies including Accor (USD 593 million) and OYO (USD 10 million).
Airbnb loses $276M in Q4; Trip.com taps into virtual banking | Daily Brief
03/13/2020|10:12:26 PM|
Expedia is withdrawing its adjusted EBITDA guidance due to growing virus impact; Global hotel transaction volumes in 2019 reached USD 66 billion last year.
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