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Search results for “job loss”
Travel bug: Why tourism in Asia will never be the same
08/31/2020
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2:01:56 PM
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The free-spending foreign travelers that once buoyed the economic future of much of Asia could well be a thing of the past.
Air travel’s sudden collapse will reshape a trillion-dollar industry
08/14/2020
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6:22:38 PM
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In 2019 they helped generate revenues of $170bn for the world’s airports and $838bn for airlines.
Airbnb China appoints COO; Disney to cut jobs in Hong Kong | Weekly Review
07/06/2020
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10:21:41 AM
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Over 40,000 hotels in China closed down in the first half of 2020; China's air passenger volume dropped 56.54% in January-May.
Ctrip invites funds to buy out China’s travel dip
07/29/2020
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8:53:46 PM
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Ctrip had $600 million of net cash at the end of March, giving interested parties the option of loading on debt to juice returns.
Airbnb China appoints COO; IHG brings voco brand to China | Daily Brief
07/01/2020
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12:17:15 AM
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Disney is to cut a significant number of jobs in Hong Kong over the coming months; Trip.com Group to sell trips to South Korea in live streaming show.
Didi starts international travel agency; Trip.com faces more challenges | Weekly Review
06/01/2020
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10:59:28 AM
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The worse is yet to come as Trip.com Group projected net revenue to drop by 67%-77% in Q2; TravelSky sells a stake in its consumer-facing app to China Southern Airlines.
Caissa Travel suspends purchase of Tuniu shares from JD.com
06/01/2020
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10:01:08 AM
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If Caissa Travel buys Tuniu shares as planned, it will possibly assume a heavy financial burden and take the risk of not getting returns in the long term.
Virus may cost 75M travel jobs; Forward bookings show dramatic rebound | Weekly Review
03/28/2020
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9:54:45 PM
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Hotel giant leverages equity investments to grow profit significantly last year; Chinese visitors to Japan plunge 87.9% in February.
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