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Search results for “jobs losses”
IATA upgrades passenger revenue downfall to $252 billion
03/25/2020
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5:06:06 PM
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Some 2.7 million airline jobs are at risk. And each of those jobs supports a further 24 in the travel and tourism value chain.
Coronavirus puts 50 million travel jobs at risk, says WTTC
03/25/2020
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9:08:12 AM
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This could lead to a corresponding reduction in 12%-14% of the jobs.
IHG sees occupancy rise in Greater China; Chinese airlines have lost $3.1B | Daily Brief
03/24/2020
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11:09:30 PM
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The gradual resumption of business in China has not helped domestic airlines make ends meet; Tokyo Olympics is postponed to 2021.
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.
OYO China operations are on the brink of collapse
03/12/2020
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3:32:29 PM
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OYO China has slashed around 7,000 jobs with a current head-count at 2,734.
China limits cross-border flights, halts entry by foreigner visa & residence permit | Daily Brief
03/27/2020
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12:58:59 AM
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Weekly flights will be downsized to around 130, reducing the number of China's inbound airline passengers from 25,000 to around 5,000 per day.
Fosun cuts stake in Booking Holdings; OYO sees recovery in China | Daily Brief
03/26/2020
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12:49:33 AM
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The online travel company co-invested by Trip.com Group and Tencent reported over 205 million monthly active users; Hong Kong expects to see “zero visitors” for months.
Equity investments play a big part in hotel giant Huazhu's annual profit
03/27/2020
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9:43:18 PM
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Same-hotel RevPAR growth has been going down for the past three years.
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