Search results for “travel and tourism”
Travel retail: Break old models to build new ones
03/23/2020|12:10:00 PM|
Reinventing travel retail will bring about new opportunities despite the raging pandemic.
Plunging Chinese tourist arrivals worry Asia as virus crisis continues
02/10/2020|9:19:05 PM|
A downturn in Chinese tourist arrivals will hit many people hard.
OTA giant sees revenue falling by half; Foreign arrivals to Japan plunge 58% | Daily Brief
03/19/2020|10:52:49 PM|
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.
Virus makes Olympics difficult; Air France sees €200M impact | Daily Brief
02/21/2020|12:54:32 AM|
Air France-KLM warned of a €150-million to €200-million hit to earnings by April; Asia Pacific airlines could lose $27.8 billion due to outbreak.
Global tourism to take a $80B hit, cruises shun Asia to avoid virus | Daily Brief
02/15/2020|12:54:05 AM|
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.
State-owned bank bails out OTA; airlines to see first traffic drop in a decade | Daily Brief
02/21/2020|11:21:10 PM|
The Industrial and Commercial Bank of China will provide a USD 86.7 million loan to online travel giant Trip.com Group; RevPAR of Hyatt hotels declined 90% last month in China.
Bookings from China to Canadian province drop 70% amid covid-19 fears
03/05/2020|3:48:20 PM|
According to Statistics Canada, there were 571,000 tourist arrivals from China in 2019.
HNA-Caissa Tourism shareholders transfer a 1.66% stake to state-owned enterprise
02/21/2020|10:32:22 AM|
Caissa Tourism reported revenue decline of 14.2% in the first three quarters of 2019, to RMB5.95 billion.
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Forward bookings for China domestic air travel show dramatic rebound

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China’s scheduled airline capacity to rise by almost 25%

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Trip.com Group expects revenue to drop 45%-50% amid COVID-19 outbreak

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Trip.com Group chairman: How mobile apps could help to contain virus

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COVID-19 cuts China air travel capacity by 80%

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