Search results for “travel spending”
Travel retail: Break old models to build new ones
03/23/2020|12:10:00 PM|
Reinventing travel retail will bring about new opportunities despite the raging pandemic.
Expedia suspends China listings, Europe projects 7%-25% impact | Daily Brief
02/18/2020|1:25:40 AM|
Europe anticipates seeing 7%-25% less Chinese visitor arrivals this year due to virus impact, OYO's annual loss has widened sixfold, and more for the day.
F1 Grand Prix postponed, global airlines to lose $4 billion | Daily Brief
02/12/2020|11:06:29 PM|
ICAO forecast a decline in global traffic of 16.4 million passengers, the hotel industry could end up having to deal with the virus impact for the next 12 months.
Airbnb freezes check-ins, Chinese travel demand drops 40% - Virus Updates
02/10/2020|6:41:37 PM|
The spread of the coronavirus has raised concerns over the prospects of Asia's most popular destinations including Thailand, Japan and South Korea.
W.H.O. declares global emergency, Singapore bans Chinese visitors - Virus Updates
01/31/2020|4:03:06 PM|
The toll on travel and hospitality could be worse than during the SARS epidemic when Chinese travelers were a smaller group than they are today.
China’s outbound travel expenditure tops USD 127.5 billion in H1 2019
09/30/2019|9:50:21 AM|
Asian destinations captured 54% share of the total Chinese outbound tourists spending, while America and Europe claimed 24% and 13% respectively.
Accommodation operator ttg lands tens of millions of yuan in funding
12/24/2019|4:56:35 PM|
ttg has so far serviced over 100,000 travelers who spent an average price of 90 to 120 yuan per order.
China OTAs turn over 700 billion yuan in H1 2019, Ctrip accounts for 55.7%
08/23/2019|1:49:44 PM|
As of June 2019, the number of OTA users topped 150 million. Third- and fourth- tier cities became important growing markets.
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