Search results for “subsidiary”
Hotel giant Huazhu reports 15.7% drop in Q1 revenue, expects further decline in Q2
07/01/2020|10:22:38 PM|
Huazhu expects net revenues to decline 32% to 34% year-over-year in the second quarter of 2020, or 35% to 37% if excluding the addition of Deutsche Hospitality.
At least 14 airlines worldwide announce plans to resume flights to China
06/29/2020|2:50:53 PM|
Global airlines with China flights starting in June or July include Air France, Delta Air Lines, Singapore Airlines, Lufthansa and All Nippon Airways.
EU exempts China from travel ban; Indian hotels banning Chinese guests | Daily Brief
06/28/2020|11:45:51 PM|
Hilton plans to build more than 1,000 Home2 Suites in China; Chinese hotels are in desperate need of strategies to compete with Western chains.
JD.com sells its stake in online travel agency Tuniu for $65 million
06/23/2020|11:58:31 AM|
The deal would give the Caissa Group 21.1% shares of Tuniu in total.
Alibaba Fliggy names new head; Fosun-invested customized travel firm collapses | Weekly Review
06/21/2020|10:34:34 AM|
Indonesia planned travel bubble with China, Japan, and Australia; China Eastern Airlines partners with Trip.com Group to launch a new airline.
Didi starts international travel agency; Trip.com faces more challenges | Weekly Review
06/01/2020|10:59:28 AM|
The worse is yet to come as Trip.com Group projected net revenue to drop by 67%-77% in Q2; TravelSky sells a stake in its consumer-facing app to China Southern Airlines.
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.
Internet travel company Mounsey receives $7 million
06/17/2020|9:57:52 AM|
Mounsey boasts 2,500 branded outlets in China and aims at exceeding 10,000 outlets in three years.
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