Genting Hong Kong has boosted its stake in Dream Cruises as part of a US$307 million deal aimed at keeping the global cruise ship operator afloat.
Since the COVID-19 pandemic broke out last year, people are being much more considerate about how and when they travel — and who they travel with.
The historical data isn’t truly reflective of what the future is going to look like, there’s actually more human influence on revenue management right now.
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Cathay Pacific Airways Ltd. flew just 18,539 passengers in March, a daily average of 598 and a slump of 94% from a year earlier.
Airbnb may have won the 2020 occupancy battle, but hoteliers can beat Airbnb at its own game and ultimately win the booking war.
For Flipkart, the addition of Cleartrip is a step towards business diversification.
The most revealing data is that travellers from nearby Asia, who used to contribute 25% of shares in 2019 are down to just 9%, while travellers from the Americas has doubled in the same period.