Search results for “travel loss”
Austerity returns: Hotels hit hard by China’s “no meeting” mandate
06/05/2025|11:53:02 AM|
China’s frugality push leaves hotels chasing private events to stay afloat.
Mass flight cancellations: Can Shenzhen no longer support Japan routes?
05/30/2025|6:10:11 PM|
The recent cuts reflect a complex interplay of market demand, regional competition, and airline economics.
Trump wrecks U.S. tourism
04/11/2025|4:18:06 PM|
In the first quarter of this year, bookings for Chinese tourists traveling to the U.S. decreased by more than 40% year-on-year.
Charter bus service platform Webus raises USD 8 million in Nasdaq IPO
03/14/2025|10:55:20 PM|
Webus launched sub-brand Wetour to offer customized outbound services for Chinese travelers.
DerbySoft CEO on PKFARE acquisition: Expanding beyond hotels to a broader travel ecosystem
02/24/2025|11:26:12 AM|
Technology and business model innovation go hand in hand.
Thailand cracks down on scams to address safety concerns
02/07/2025|6:24:10 PM|
The Thai tourism industry suffered an estimated loss of RMB 1 billion (about USD 137 million) during the Spring Festival peak season.
China's civil aviation industry achieves profitability in 2024
01/14/2025|7:43:53 PM|
International passenger flights to and from China reached 6,400 per week last year, recovering to 84% of 2019 levels.
South Korea to introduce visa-free policy for select Chinese tour groups
12/27/2024|4:58:03 PM|
The new policy will provide a much-needed boost for South Korea's retail, duty-free, and tourism sectors.
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