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Airbnb China to lay off employees as 25% workforce cut globally
05/08/2020
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7:10:54 PM
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The company will start one-on-one meetings with employees starting May 7 and will likely finish the layoff process by the end of this month.
Chinese hotel CEOs gear up for new normal, expect rebound by mid-Q2
03/28/2020
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9:08:22 PM
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Senior executives from Plateno Group’s Xana Hotelle, 7Days Inn and Vienna Hotel Co. believe that they have weathered the COVID-19 storm with apt financial planning, and by responding with compassion.
Corporate travel to take a $560B hit; searches for flights up 138% | Daily Brief
03/02/2020
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4:49:38 PM
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China allocated USD 814 million to support project construction in the cultural tourism industry; Singapore Airlines is cutting pay for management staff.
China considers airlines bailout; OYO fights to keep hotels open | Daily Brief
02/19/2020
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12:07:04 AM
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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.
Hong Kong Disneyland Resort revenue reaches HK$6.0 billion, hotel occupancy stands at 74% in FY19
03/17/2020
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4:14:57 PM
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Full year EBITDA was down 17% to HK$1.1 billion, resulting in a net loss of HK$105 million.
Billion-dollar trade events hit, luxury brands suffer - Virus Updates
02/08/2020
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12:16:43 AM
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At least 61 people onboard a cruise ship off Japan have tested positive for the coronavirus; Hong Kong Airlines will cut 10% of its workforce.
Travelport’s CEO ready to look beyond the air segment in China
10/11/2019
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9:43:18 AM
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Recently appointed CEO, Greg Webb, has indicated that Travelport may move into the hospitality space and some of the other components as opposed to focusing only on the airline side going forward.
Accor on why digital transformation alone isn't enough for China
08/28/2019
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2:48:33 PM
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Accor's Chief Digital Officer, Maud Bailly, acknowledges that even if a non-Chinese organization can transform and gear up for today's digital economy, it isn't prudent to go alone to make it work in China.
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