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OTAs beat expected holiday figures; Airlines take flight amid global slump | Daily Brief
10/10/2020|11:16:36 PM|
RV travel frenzy in China led to lack of supply over holiday; American Airlines to shift to new Beijing airport.
OTA buys back $10 million shares; Thailand slowly restarts tourism | Daily Brief
09/30/2020|10:52:29 PM|
Embattled Cathay Pacific faces continued cash burn; Chinese airlines may not turn a profit even as domestic travel rebounds.
Caissa Travel suspends purchase of Tuniu shares from JD.com
06/01/2020|10:01:08 AM|
If Caissa Travel buys Tuniu shares as planned, it will possibly assume a heavy financial burden and take the risk of not getting returns in the long term.
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.
Major OTA reports 43.6% drop in revenue; China buys into Norwegian Air | Daily Brief
05/21/2020|5:16:44 PM|
Travel distribution firm DerbySoft is building new connections with Airbnb and HotelTonight; Marriott expects East Asia to lead the recovery with millennial customers.
Alibaba-backed outbound travel agency to liquidate amid coronavirus outbreak
03/03/2020|1:28:03 PM|
The company has been facing financial troubles since the second half of 2019.
Expedia on China strategies, Asia competition: Global strength vs local challenges
11/18/2019|10:44:11 PM|
The strategic shake-up of OTA giants will further intensify competition in the evolving market landscape.
Expedia eyes global new heights with dual focuses on travelers and partners
11/15/2019|2:55:31 PM|
Enabling frictionless travel requires strategies and thoughts on different levels.
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