Search results for “online travel”
This is another 9/11 for online travel companies
04/16/2020|3:03:44 PM|
Booking Holdings CEO Glenn Fogel said travel companies need to think critically about the size of operations in the coming weeks and months.
US to ban Chinese flights; Online travel platforms build hotel memberships | Daily Brief
06/03/2020|11:38:48 PM|
The Trump administration is banning Chinese passenger airlines from flying to the US; Global online travel agencies will drop rate parity terms on Korean regulatory demand.
Online travel platforms build membership programs for independent hotels
06/04/2020|11:06:50 AM|
Smaller hotels are particularly vulnerable to the coronavirus impact and that may present an opportunity for the online giants to help while growing their own influence.
China restores only 20%-30% of domestic corporate travel
05/21/2020|4:19:50 PM|
The Chinese business travel market was worth USD 394 billion in 2019, but only 10% of the businesses were served by professional TMCs.
China’s online travel sites expect a surge in domestic tourism amid global shutdown
03/23/2020|2:00:27 PM|
For the full year of 2020, the proportion of domestic tourism in the country’s overall holiday travel market is forecasted to increase to 60% from 47% last year.
Online travel company shuts down, leaving travelers stranded
03/20/2020|3:31:04 PM|
The U.S. Travel Association projected that total spending on travel in the U.S. would plunge by $355 billion for the year and 4.6 million American jobs would be lost.
Online leisure travel firm Tuniu posts a 1.8% rise in 2019 net revenues
04/09/2020|11:11:27 PM|
Tuniu expects its net revenues to decline by 65%-75% for the first quarter this year.
Could addiction to debt come back to haunt some online travel companies?
04/08/2020|6:28:31 PM|
Expedia Group’s long-term debt grew to $4.18 billion while Booking Holdings reported a $7.64 billion in 2019.
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