Search results for “travel demand”
Meituan reports 8.9% rise in revenue, 17% decline in hotel room nights
08/22/2020|11:10:23 AM|
Hotel business continued to be significantly affected by the pandemic, with the number of domestic room nights consumed in the second quarter decreasing by 17% to 78 million.
IHG's Greater China RevPAR drops 62% in half year
08/12/2020|5:15:34 PM|
The Greater China area generated USD 18 million in half-year revenue for IHG, and that's only 1.4% of the UK-based hotel chain's global income in the period.
SAP Concur partners with eHi; Fosun set to lose Cirque du Soleil stake | Daily Brief
08/20/2020|11:51:51 PM|
Cathay Pacific's passenger numbers show improvement in July; Marriott opens 800th property in Asia Pacific.
US, China agree to double flights; Hyatt's China brand UrCove open for booking | Daily Brief
08/20/2020|7:07:00 AM|
Trip.com Group controlled nearly 49% voting rights of MakeMyTrip; Victoria Cruise resumed river sailings in China.
WeChat ban harms more than US tourism; Huazhu looks to second listing | Daily Brief
08/10/2020|10:36:36 PM|
Greater Bay Airlines seeks Hong Kong approval to take off; Travel companies will be more cautious in approaching markets in China due to geopolitical tension.
China’s Top 50 Hospitality Groups Report 2020: Opportunities coexist with crisis
07/24/2020|10:10:16 PM|
Midscale hotels are still growing fast and playing a key role in China’s hotel industry.
China’s sharing accommodation suffers 72.1% decline in transaction volume
07/23/2020|1:40:46 PM|
However, the accommodation rental market has been on a rebound since March.
Greater China leads Hyatt recovery; Generation Z brings new engine | Weekly Review
08/08/2020|11:39:08 PM|
Booking Holdings gets a triple return on Meituan investment; Jin Jiang remains Accor's biggest shareholder with a 13% stake.
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