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Search results for “jobs losses”
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.
OTA boss advises mobile tech to fight virus; Marriott sees recovery in China | Weely Review
03/21/2020
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5:38:25 PM
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Asia's largest online travel group expects its net revenue to drop by nearly half in Q1; China's air regulator moved to divert incoming international flights from Beijing to elsewhere.
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.
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.
Foreign pilots at Chinese airlines return home on unpaid leave
02/19/2020
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3:51:58 PM
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Major employers of foreign pilots, including China Southern and Hainan Airlines, have acted swiftly to cut their losses.
China's travel industry bracing for $430 billion losses for 2020
02/14/2020
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11:27:31 AM
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Travel volume during this year’s seven-day Lunar New Year period plummeted nearly 63.9% to just 152 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.
Thomas Cook brand poised for relaunch next year by Chinese owner
12/16/2019
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10:14:38 AM
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Some of Fosun’s existing travel offerings will be grouped together and re-branded as Thomas Cook to lure travelers.
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