Search results for “travel finance”
Huazhu Group gears up for expansion in lower-tier cities
12/09/2020|11:31:23 AM|
The Chinese multi-brand hotel group mentioned that tier-3 and below cities accounted for 50% of the total pipeline at the end of October. The plan is to establish both middle-scale and economy brands in these places.
Trip.com Group reports first profit post-pandemic in Q3
12/02/2020|7:27:15 AM|
China domestic hotel reservations achieved positive growth, with mid-to-high end domestic hotel reservations reaching double digit year-over-year growth exiting the third quarter of 2020.
Tongcheng-elong’s CEO throws light on effective recovery strategy in Q3
11/28/2020|8:52:19 PM|
The company is looking at cost-effective traffic sources, especially in lower-tier cities, and banking on technological innovations going forward. The plan is to have 200 million annual paying users by 2021.
WeChat hotel marketing expert Zhiketong raises $50 million in series D round
11/04/2020|7:52:46 PM|
Zhiketong targets to have clients’ total transaction value exceeding the RMB 100 billion (USD 14.97 billion) mark by 2025.
Expedia Group reports 68% drop in gross bookings in Q3
11/05/2020|8:05:25 AM|
"The travel industry and the world still face a prolonged and bumpy path to recovery, with increasing COVID-19 cases and uncertainty around vaccine and therapeutic timelines."
Study tours provider Sanmaoyou closes million-dollar financing round
10/27/2020|3:15:14 PM|
Sanmaoyou aims to be a unicorn in the cultural tourism content sector in three years.
Trivago reports a net loss of €2.3M in Q3 but sees signs of recovery
11/03/2020|1:54:12 PM|
In the third quarter of 2020, Referral Revenue declined to €15.2 million.
How airline revenue management and pricing teams respond to revenue volatility?
11/16/2020|11:06:10 PM|
The revenue management framework and the approach to pricing will have to unlearn and re-learn to adapt and deliver in the new realities.
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