Search results for “travel finance”
Club Med owner Fosun Tourism expects annual loss of up to $410 million
02/03/2021|5:40:44 AM|
Club Med resorts had 57% less business in 2020 than that in 2019.
MakeMyTrip posts a 61.3% drop in revenue but is on track of recovery
01/28/2021|11:42:37 PM|
Gross bookings improved to $598.8 million in 3Q21 versus $213.0 million in 2Q21, reflecting an increase of 181.5% QoQ.
OTAs buy into hoteliers; MGM China advised to partner travel giants | Weekly Review
01/09/2021|9:49:25 PM|
China restricts travel for 11 million people in northern city; Weibo big data report shows family travel and “go west” are trending for hotels.
China’s hotel recovery falls off rails; New airline seeks to fly 100+ routes | Daily Brief
01/25/2021|10:12:05 PM|
Chinese hotel chain Huazhu projects Q4 revenues to surpass previous guidance; UK museum reaches Chinese audiences through Alibaba Fliggy.
OTA giants invest in hotel groups; Loss of Chinese tourists cost Australia $1.4 billion | Daily Brief
01/07/2021|5:11:34 PM|
Cathay extends ban on flights from UK to Hong Kong; Macau retailers eyeing an influx of mainland tourists to drive revenue.
India asks airlines to shun Chinese passengers; UK flights suspended for 2 weeks | Daily Brief
12/28/2020|6:14:39 PM|
Beijing bans Airbnb-style rentals in central area; Travel agencies in southern China suspend group tours to capital.
Huazhu projects Q4 revenues to surpass previous guidance
01/25/2021|3:16:28 PM|
RevPAR of the Legacy-Huazhu hotels (excluding Deutsche Hospitality) for the fourth quarter was RMB 186, down by 2.4% year-over-year, but up from RMB 179 in the previous quarter.
Hong Kong sees 93% fewer visitors; MSC Cruises to deploy two flagships in China | Daily Brief
01/18/2021|11:27:23 PM|
Stalled holiday travel worries Chinese airlines on profits; Trip.com Group "more confident than ever" in China’s long-term travel recovery.
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1

40% of China-Japan flights slashed: where is the capacity shifting?

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Mainland China visitor growth to Japan slows in November — Shizuoka most exposed

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Over 40% of China–Japan flights in December canceled, with more than 1,900 services cut

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China grants 30-day visa-free entry for UK citizens

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Trip.com Group reports 16% rise in Q3 revenue, inbound travel bookings surge over 100%

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