Search results for “pay cut”
OTA gets green light for US investment; Fliggy offers Fly At Will flight deals | Weekly Review
07/19/2020|12:21:24 PM|
Short-term rental firm Xiaozhu teamed up with lifestyle social network Xiaohongshu; E-commerce giant JD.com invested in the digital unit of Beijing Tourism Group to expand in the travel industry.
China shows strong desire for trips; HNA Group gets US bailout funds | Daily Brief
07/09/2020|5:30:33 AM|
Consumers turn to duty-free as outbound tourism halted; Airlines explore new ways to offset economic losses.
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.
Japan to ease travel curbs for China; Canada updates Hong Kong advisory | Daily Brief
07/02/2020|6:45:06 AM|
Around 90% of staff at Cathay Pacific agreed to take unpaid leave in a second round of cost-saving measures; Chinese hotel chain Huazhu recorded a 15.7% drop in Q1 net revenue.
Trip.com to borrow up to $1.5B; Airbnb lowers valuation by 16% | Daily Brief
04/03/2020|11:02:25 PM|
An investment firm indirectly associated with Trip.com Group wants to privatize online classifieds marketplace 58.com; OYO's CEO will forego his salary for the rest of the year.
Corporate travel to take a $560B hit; searches for flights up 138% | Daily Brief
03/02/2020|4:49:38 PM|
China allocated USD 814 million to support project construction in the cultural tourism industry; Singapore Airlines is cutting pay for management staff.
Fosun cuts stake in Booking Holdings; OYO sees recovery in China | Daily Brief
03/26/2020|12:49:33 AM|
The online travel company co-invested by Trip.com Group and Tencent reported over 205 million monthly active users; Hong Kong expects to see “zero visitors” for months.
Beijing quarantines inbound travelers; airlines face bankruptcy | Daily Brief
03/18/2020|12:45:03 AM|
Chinese airlines including Air China and China Southern are to reduce international flights in response to the coronavirus pandemic; CAPA said most global airlines will be bankrupt by the end of May.
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