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Search results for “pre-crisis”
OTA giant sees revenue falling by half; Foreign arrivals to Japan plunge 58% | Daily Brief
03/19/2020
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10:52:49 PM
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Trip.com Group expects net revenue to decrease by 45%-50% in the first quarter; Four-fifths of flight capacity between China and the rest of the world has been cut back.
Europe projects a 7%-25% impact on Chinese tourist arrivals
02/17/2020
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11:35:00 PM
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European destinations will see Chinese arrivals in the range of 7% and 25% lower in 2020 compared to the pre-crisis forecast.
Expedia freezes China listings; ITB China 2020 postponed | Weekly Review
02/20/2020
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10:08:28 PM
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China may see losses of USD 430 billion by the coronavirus disruption on travel for 2020; It plans cash injections and mergers to bail out aviation.
Expedia suspends China listings, Europe projects 7%-25% impact | Daily Brief
02/18/2020
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1:25:40 AM
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Europe anticipates seeing 7%-25% less Chinese visitor arrivals this year due to virus impact, OYO's annual loss has widened sixfold, and more for the day.
Global tourism to take a $80B hit, cruises shun Asia to avoid virus | Daily Brief
02/15/2020
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12:54:05 AM
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The coronavirus impact may last until the second quarter of 2021, industries are feeling the pinch beyond China, with the full impact remains to be seen.
Hong Kong hotels witness all-time low occupancy at 63.9%
09/17/2019
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5:10:59 PM
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Hong Kong reported a massive decline in hotel demand at 28.8% with average occupancy for August dropping 29.8% to 63.9%; competition increased as hotel supply rose 1.5%.
Ahead of its IPO,-what even is Airbnb anymore?
04/02/2019
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9:23:14 AM
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To fully professionalize—to operate no differently than another hospitality giant like Marriott—would effectively wipe out many of the mom-and-pop listings that built what it calls an “unrivaled brand.”
Asia Pacific hotel investment rises, Japan seen dominating
07/27/2016
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9:16:28 AM
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Asia Pacific hotel investment volumes in the first half year climbed more than 13 percent to US$3.8 billion YoY as yields recovered to pre-global financial crisis levels.
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