Search results for “travel report”
Huazhu restructures for global plan; Trip.com Group buys Dutch OTA | Weekly Review
05/23/2020|9:22:05 PM|
OYO has finally appointed a CEO for its China unit; The world's top 50 hotel brands are losing USD 14 billion in value.
China's air traffic decline slows down; Global aviation losses to top $84 billion | Daily Brief
06/11/2020|7:18:45 AM|
The Chinese air passengers were down by 52.6% year-on-year in May, compared with a 68.5% year-on-year decline in April; Skyscanner finds post-COVID travel anxiety is easing.
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.
Car-hailing giant Didi invests $7 million to establish a travel agency
05/25/2020|6:26:48 PM|
This is not the first time Didi has set foot in the tourism industry.
China reduces airlines burden by extending payment exemption
05/25/2020|1:39:42 PM|
Extension of waiving fund payment and other relief measures will help ease the burden for the entire travel industry.
China continues flight control; Huazhu restructures for global ambition | Daily Brief
05/20/2020|11:57:56 PM|
Despite reports of restoration, China’s air transportation system is not likely to fully recover for at least another two years; Hong Kong airport sees 99.5% passenger traffic drop in April.
Social e-commerce platform Pinduoduo adds flight booking service
06/02/2020|4:55:47 PM|
Profitability is not the only challenge that Pinduoduo will have to face, as China’s online travel market is already very crowded.
Didi starts international travel agency; Trip.com faces more challenges | Weekly Review
06/01/2020|10:59:28 AM|
The worse is yet to come as Trip.com Group projected net revenue to drop by 67%-77% in Q2; TravelSky sells a stake in its consumer-facing app to China Southern Airlines.
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