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Search results for “turnaround”
China clears way to restart MICE events; Livestreams to boost tourism | Daily Brief
05/12/2020
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1:24:14 AM
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Shanghai Disneyland sold out of tickets for its May 11 reopening within minutes; Travel short video service provider raises millions of yuan.
Chinese hotel CEOs gear up for new normal, expect rebound by mid-Q2
03/28/2020
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9:08:22 PM
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Senior executives from Plateno Group’s Xana Hotelle, 7Days Inn and Vienna Hotel Co. believe that they have weathered the COVID-19 storm with apt financial planning, and by responding with compassion.
Najah Air eyes SoftBank funding to take over Malaysia Airlines
07/18/2019
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5:41:16 PM
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Najah Air plans to take up minority stake in Malaysia Airlines in a debt-for-equity swap and wants countrol of the board and management.
Cathay Pacific to buy budget airline HK Express from HNA for $628m
03/27/2019
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8:14:52 PM
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The purchase price comprises HK$2.25 billion of cash and HK$2.68 billion of non-cash consideration through promissory loan notes.
Cathay Pacific returns to profit for first time in three years
03/15/2019
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9:30:11 AM
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The airline lost HK$1.25 billion in 2017, and reported HK$111 billion in revenue for 2018, up 14.2%, driven by passenger and cargo businesses.
Hotels' direct bookings making up ground on OTAs
02/26/2019
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6:28:51 PM
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By 2022, Phocuswright predicts, direct bookings are on track to grow to a 50% share.
Fosun Tourism expects to net no less than 350 million yuan profit
01/21/2019
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2:07:40 PM
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The expected turnaround from net loss to net profit of the group was mainly due to the strong performance of the group’s business operation.
6 top theme park industry developments of 2018
01/02/2019
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4:25:08 PM
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Theme parks got more creative with loyalty and pricing, ramped up their building boom, and took steps to raise employee wages in 2018.
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