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Search results for “travel loans”
Booking Holdings takes solitary path without offering financial relief to partners
06/10/2020
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5:40:05 PM
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These weren’t recovery programs, per se, but were part of cancellation refunds paid to consumers or property owners.
Travelport receives $500 million in fresh financing from private equity
06/08/2020
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6:00:31 PM
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The fresh investment provides Travelport with the liquidity it needs to manage the sharp downturn in revenue related to a devastated travel industry due to the coronavirus pandemic.
Trip.com Group launches $500 million partner fund in Travel On initiative
06/26/2020
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9:33:34 PM
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The Travel On fund aims to alleviate cash flow issues through commission waivers as well and reductions, small loans and other financial help.
Cathay unveils $5B bailout plan; Asian countries to build more travel bubbles | Weekly Review
06/14/2020
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10:50:01 AM
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China's aviation regulator plans to increase international flights as the demand is skyrocketing; Thailand said China, Japan are interested in travel bubbles.
China alerts citizens over US travel; Airline unveils $5 billion bailout plan | Daily Brief
06/09/2020
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11:38:09 PM
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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.
Global hotels will lose just 2% of supply permanently because of coronavirus
05/09/2020
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1:58:32 PM
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While PPP loans help hoteliers keep properties open in the U.S., government assistance programs elsewhere in the world still offer a boost to the travel industry.
Top Chinese carriers confident of their FFP members staying loyal
06/04/2020
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9:08:15 AM
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Chinese carriers not only took initiatives to assure their loyalty program members about the utility of loyalty currency and membership benefits, but they also paved way for smaller non-air redemptions to subsidize member's shopping for essentials during the coronavirus crisis.
Investors offload stakes in Chinese OTA; Global hotel chains recover in China | Weekly Review
05/09/2020
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11:15:38 PM
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Booking loses $130 million in the sale of its Trip.com Group stake; Shanghai Disney theme park will reopen on May 11.
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