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Search results for “liquidity”
Genting Hong Kong reveals US$1.72 billion loss in 2020 but confident of lender support
04/09/2021
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11:25:44 AM
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The Hong Kong-listed firm announced in August that it was temporarily suspending all payments to the group’s financial creditors in order to preserve liquidity.
Indian groups worry about China travel curbs; Cathay eyes limited London return | Daily Brief
04/10/2021
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12:27:16 AM
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Global domestic air demand declines largely due to weakness in China travel; Genting Hong Kong reveals $1.72 billion annual loss.
China sees plunge in travel rush; Cathay raises $870 million | Daily Brief
01/28/2021
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10:44:13 PM
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Beijing raises Covid requirements on travelers from low-risk area; China urges less travel during upcoming holiday.
China’s hotel recovery falls off rails; New airline seeks to fly 100+ routes | Daily Brief
01/25/2021
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10:12:05 PM
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Chinese hotel chain Huazhu projects Q4 revenues to surpass previous guidance; UK museum reaches Chinese audiences through Alibaba Fliggy.
Accor further offloads 1.5% stake in Huazhu Group
02/20/2021
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11:40:07 AM
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After this transaction, Accor still owns a 3.3% stake in Huazhu and continues to be represented at the Group’s Board of Directors.
Sabre reports a net loss of $311 million for Q4
02/17/2021
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10:41:11 AM
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Operating loss was USD 988 million, versus operating income of USD 363 million in 2019.
MGM China reports 2020 annual results
02/11/2021
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9:56:48 AM
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Market share of MGM China rose to 9.9% in 2020 from 9.5% a year ago.
Airline rolls out NDC on e-commerce site; 407m rail trips expected in travel rush | Daily Brief
12/31/2020
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7:04:39 AM
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EHang launches aerial tourism services with strategic partner Greenland; Chinese airline's Australian pilot college in liquidation as 62 local staff sacked.
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