Global comparable RevPAR declined 54% year-over-year.
The company decided to delist as the coronavirus outbreak hit its businesses badly in the first half and has weighed heavily on its valuation, according to a source.
Both Ms. Cao and Mr. Hee have extensive experience in Singapore, which is the international headquarters of Huazhu.
Gett’s all-in-one booking platform is available to businesses in Europe and North America.
Search volumes for group tours and self-guided travel skyrocketed by 500% after China announced to resume group tours; China allows three airlines more international flights.
The total volume processed by international and regional commercial airlines is expected to drop by 90.47%.
Silver Lake said in a regulatory filing it was offering concessions collectively worth more than $300 million.
The Chinese online travel group now owns a 5.2% stake in Tripadvisor for USD 153.9 million.
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