Search results for “loan”
Cathay shareholders approve $5 billion plan to avoid collapse
07/14/2020|1:36:26 PM|
Cathay will sell HK$19.5 billion of preference shares with HK$1.95 billion of warrants to the Hong Kong government.
Travelport receives $500 million in fresh financing from private equity
06/08/2020|6:00:31 PM|
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.
Trip.com Group launches $500 million partner fund in Travel On initiative
06/26/2020|9:33:34 PM|
The Travel On fund aims to alleviate cash flow issues through commission waivers as well and reductions, small loans and other financial help.
Cathay unveils $5B bailout plan; Asian countries to build more travel bubbles | Weekly Review
06/14/2020|10:50:01 AM|
China's aviation regulator plans to increase international flights as the demand is skyrocketing; Thailand said China, Japan are interested in travel bubbles.
Deutsche Hospitality accounts for 25% of Huazhu's total revenues in 2019
05/05/2020|4:38:46 PM|
Huazhu Group scheduled to issue a shareholder loan of EUR 20 million to Deutsche Hospitality with a term of 12 months.
China alerts citizens over US travel; Airline unveils $5 billion bailout plan | Daily Brief
06/09/2020|11:38:09 PM|
The Hong Kong carrier said there will be another round of executive pay cuts and voluntary special leave scheme for employees; Ocean Park, Disneyland will reopen soon.
Global hotels will lose just 2% of supply permanently because of coronavirus
05/09/2020|1:58:32 PM|
While PPP loans help hoteliers keep properties open in the U.S., government assistance programs elsewhere in the world still offer a boost to the travel industry.
Investors offload stakes in Chinese OTA; Global hotel chains recover in China | Weekly Review
05/09/2020|11:15:38 PM|
Booking loses $130 million in the sale of its Trip.com Group stake; Shanghai Disney theme park will reopen on May 11.
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