Search results for “tax revenue”
China issues $1.87 billion special bonds to support major tourism projects
05/12/2020|9:56:50 AM|
As of the end of March, 23 local governments in the nation had issued special bonds, raising a total of RMB 13.259 billion (USD 1.87 billion) in support of the cultural and tourism sectors.
Accor CEO: We won’t be investing equity in our struggling hotels
04/24/2020|1:55:07 PM|
The occupancy at Accor’s upscale Chinese properties has improved into the 20 percent range.
Shanghai Disney partially reopens; Trip.com launches travel presales | Daily Brief
03/09/2020|11:38:41 PM|
Trip.com has launched presales of admissions to some 300 scenic spots, air tickets, accommodation and tour packages; Google's travel ad revenue may drop 10.2% in second quarter.
Chinese hotel CEOs gear up for new normal, expect rebound by mid-Q2
03/28/2020|9:08:22 PM|
Senior executives from Plateno Group’s Xana Hotelle, 7Days Inn and Vienna Hotel Co. believe that they have weathered the COVID-19 storm with apt financial planning, and by responding with compassion.
Hong Kong Disneyland Resort revenue reaches HK$6.0 billion, hotel occupancy stands at 74% in FY19
03/17/2020|4:14:57 PM|
Full year EBITDA was down 17% to HK$1.1 billion, resulting in a net loss of HK$105 million.
Airbnb loses $276 million in Q4, bookings in Beijing drop 96%
03/13/2020|4:56:01 PM|
Airbnb's bottom line turned red in 2019 because it hiked marketing spend in preparation of a public debut this year.
Marriott sees $25M impact; Expedia global layoffs cost up to $130M | Daily Brief
02/27/2020|10:01:43 AM|
Expedia has kicked off its global lay-off this week in Hong Kong and Singapore; Sabre said the outbreak could cost a USD 100-150 million loss in first-quarter revenue.
ITB Berlin canceled; indebted airline group seeks help | Weekly Review
02/29/2020|6:06:54 PM|
The ITB Berlin 2020 is officially canceled; Expedia starts global lay-offs this week in Asia offices.
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