Search results for “travel companies”
Tencent-backed OTA reports a 43.6% drop in Q1 revenue
05/21/2020|5:34:42 PM|
Net revenue is expected to decrease by 24% to 29% for the second quarter this year.
Alibaba-invested repricing startup Hotelmize eyes expansion in China and Asia
04/29/2020|9:56:10 AM|
While saving costs for travel companies means cutting hotels’ profits, Hotelmize said hotels will need to improve pricing methods.
Hotel PMS firm raises $14 million; China accused of blocking US flights | Daily Brief
05/25/2020|11:20:13 PM|
Car-hailing giant Didi started an international travel agency; Meituan recorded 45.5% fewer room nights due to pandemic impact.
Travel short video service provider Jufeng Network raises millions of yuan
05/12/2020|12:43:14 AM|
The company wants to help tourist attractions, homestay businesses, hotels and itineracy providers build quality travel brands.
Booking loses $130M in selling Trip.com stake; Hyatt occupancy rises in China | Daily Brief
05/09/2020|12:19:14 AM|
45% of Chinese travelers plan to visit Vietnam this year; Hyatt Hotels' occupancy in Greater China have gradually improved.
Hotel group merges China brands; Klook looks to local demand | Daily Brief
05/27/2020|7:29:17 AM|
Jin Jiang International has completed a major restructuring to consolidate its limited-service hotel businesses; Air China is planning to operate 24 international routes between June 1 and July 1.
Investors offload stakes in Chinese OTA; Global hotel chains recover in China | Weekly Review
05/09/2020|11:15:38 PM|
Booking loses $130 million in the sale of its Trip.com Group stake; Shanghai Disney theme park will reopen on May 11.
Meituan records 45.5% less room nights amid pandemic impact
05/25/2020|10:25:18 PM|
Revenues from in-store, hotel & travel were RMB 3.09 billion (USD 434 million) in the first quarter, 31.1% less than last year.
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