Search results for “performance”
Tencent-backed OTA reports a 43.6% drop in Q1 revenue
05/21/2020|5:34:42 PM|
Net revenue is expected to decrease by 24% to 29% for the second quarter this year.
OTAs vow to drop rate parity; Travel recovery to peak after September | Weekly Review
05/16/2020|10:49:34 AM|
IHG starts flagship store on Trip.com Group; 70% of OYO hotels in China are now back to business.
Chinese arrivals to Australia drop 99.8%; China Southern to raise over $2B | Daily Brief
05/16/2020|10:39:31 AM|
Hotel occupancy in China reached over 40% during May 6-10 as business travel increased; Cathay Pacific flagged a “very bleak” outlook as coronavirus grounded planes globally.
China’s passenger number down by nearly 70% in April
05/16/2020|12:24:43 AM|
Total passenger traffic of the month was 16.715 million.
Amadeus Q1 revenues down, will adapt to remain challenging months
05/13/2020|10:07:47 AM|
Amadeus’ first-quarter revenue came in at 1.02 billion euros, in line with its own estimate of a 25% to 30% drop published in April.
Back to the future: lessons for the travel sector from China
04/21/2020|10:52:24 AM|
The travel industry may gradually return to normalcy, but the landscape will look quite different.
Hotel firm GreenTree expects a 30%-35% drop in Q1 revenue
04/14/2020|9:35:51 PM|
Due to the impact of COVID-19, the company may record a decline in total revenues of 10%-15% for the full year 2020.
China’s hotel occupancy rises from February's 12.8% to 23.2% as of March
04/24/2020|5:55:22 PM|
China’s RevPAR declined 77.6% YoY to US$11, but up slightly from US$7.4 in February this year.
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