Search results for “low-cost carriers”
E-commerce giant sells OTA asset; Accor works on recovery in China | Weekly Review
06/27/2020|2:52:42 PM|
Shiji gained three months to sell its U.S.-based asset StayNTouch; Trip.com Group unveiled a USD 500 million fund for its travel partners.
China air passenger volume down 56.54% in January-May to 117 million
06/30/2020|10:24:53 AM|
The number of passengers in May increased by 54.54% month-on-month.
China Southern raises $1.8 billion; Outbound travel grew 3.3% | Daily Brief
06/22/2020|9:11:57 PM|
US denied a request by Chinese airlines to increase the number of flights; China's 600 km/h maglev vehicle completes trial run.
Marriott posts new jobs in China; Hong Kong to open to transit passengers | Daily Brief
05/28/2020|12:30:53 AM|
Midscale and economy hotels are driving the recovery of China's hotel market; Cathay Pacific's brand merger hits roadblock from Chinese regulator.
Huazhu restructures for global plan; Trip.com Group buys Dutch OTA | Weekly Review
05/23/2020|9:22:05 PM|
OYO has finally appointed a CEO for its China unit; The world's top 50 hotel brands are losing USD 14 billion in value.
Major OTA reports 43.6% drop in revenue; China buys into Norwegian Air | Daily Brief
05/21/2020|5:16:44 PM|
Travel distribution firm DerbySoft is building new connections with Airbnb and HotelTonight; Marriott expects East Asia to lead the recovery with millennial customers.
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.
Wyndham merges China unit into Asia; China's tourism revenue drops 60% | Daily Brief
05/07/2020|11:52:27 PM|
China raked in tourism revenue of USD 6.79 billion in a holiday, 59.58% less than last year; China Eastern beat out Southwest as the biggest airline in the world in terms of seats available.
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Trip.com Group reports 16% rise in Q3 revenue, inbound travel bookings surge over 100%

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