Epidemic response helps planes get back in skies; Spring Festival holiday tourism income recovers to 58.6% of pre-virus level.
The recovery in Asia Pacific continues to take time.
Net income for the full-year 2020 was USD 59 million, a 99% decrease versus the prior year.
Global theme park brands target lower-tier Chinese cities next five years; Macau casino operators’ stocks rally as China quarantine lifted.
In China, the recovery observed from the second quarter onwards gathered pace quarter after quarter, resulting in a 44.2% decline in RevPAR over the year.
Full-year RevPAR was down 52.5 percent and the recovery in Greater China was most advanced with Q4 RevPAR of -18.2 percent.
Japan raises concerns over China blacklist on overseas casino destinations; SAP Concur appoints general manager for Asia Pacific Japan, Greater China.
Sales of Selina's 30-day subscription products have risen 300% in the last four months.
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