Search results for “travel and tourism”
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.
Trip.com-invested hotel brand collapses; Airbnb halts marketing to save $800M | Daily Brief
03/31/2020|11:25:59 PM|
Airbnb will suspend all marketing activities in a move which will save USD 800 million a year; China saw a huge uptick in flight searches.
China’s online travel sites expect a surge in domestic tourism amid global shutdown
03/23/2020|2:00:27 PM|
For the full year of 2020, the proportion of domestic tourism in the country’s overall holiday travel market is forecasted to increase to 60% from 47% last year.
Chinese in Russia pries the tourism trade from Russian companies
04/02/2020|6:37:31 PM|
Local guides claim that Russian tourism businesses have been squeezed out of the market by Chinese operators who cut prices and corners.
Corporate travel to take a $560B hit; searches for flights up 138% | Daily Brief
03/02/2020|4:49:38 PM|
China allocated USD 814 million to support project construction in the cultural tourism industry; Singapore Airlines is cutting pay for management staff.
Meituan warns of pandemic-hit loss; Shanghai attractions close again | Daily Brief
03/31/2020|12:09:00 AM|
State bank ICBC provides USD 14.5 billion in financing to cultural and tourism firms in Beijing; TravelSky processed 1,071.9 million transactions and 432.8 million BSP tickets last year.
Virus may cost 75M travel jobs; Forward bookings show dramatic rebound | Weekly Review
03/28/2020|9:54:45 PM|
Hotel giant leverages equity investments to grow profit significantly last year; Chinese visitors to Japan plunge 87.9% in February.
Trip.com Group launches travel presales amid coronavirus
03/09/2020|10:19:06 PM|
Trip.com has launched presales of admissions to some 300 scenic spots, air tickets, accommodation and tour packages for 1,000 tourist routes which can be used anytime within the year.
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ANA partners Skyscanner on direct booking; Travelzoo furloughs global workforce | Daily Brief

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