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Search results for “liquidity”
Travelport receives $500 million in fresh financing from private equity
06/08/2020
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6:00:31 PM
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The fresh investment provides Travelport with the liquidity it needs to manage the sharp downturn in revenue related to a devastated travel industry due to the coronavirus pandemic.
Air Canada looking to quit Transat deal
06/04/2020
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2:34:38 PM
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The transaction has been under close scrutiny for months and faces closer examination in Europe, which will take up to 90 days.
Top Chinese carriers confident of their FFP members staying loyal
06/04/2020
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9:08:15 AM
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Chinese carriers not only took initiatives to assure their loyalty program members about the utility of loyalty currency and membership benefits, but they also paved way for smaller non-air redemptions to subsidize member's shopping for essentials during the coronavirus crisis.
Marriott is posting new job listings for hotel staff in early sign of recovery
05/27/2020
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11:21:21 AM
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The company is hiring for as many as 90 new positions at the W Chengdu, 77 at the Shenzhen Renaissance, and another 60 at the Shenyang Marriott.
Expedia reports net loss of 1.3 billion for Q1 2020
05/21/2020
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7:30:53 AM
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Revenue grew in both January and February before declining significantly year over year in March.
Booking sells $106M Trip.com stake; United may resume China flights | Daily Brief
04/07/2020
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11:35:20 PM
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The world's largest online travel group cut the stake in its Chinese counterpart by over 3 percentage points; Accor and Alibaba extend their strategic partnership.
Sabre revenue slides 37.2% in Q1 2020
05/09/2020
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2:51:09 PM
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The company adds that it has more than 18 months of liquidity available at a zero booking rate.
Another big deal sunk by coronavirus: Amex GBT investment deal falls through
05/11/2020
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5:18:46 PM
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Carlyle and GIC are believed to argue that coronavirus and the collapse of business travel globally have materially altered the deal’s conditions, and thereby allow them to walk away.
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