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Wyndham Hotels reports a 50% drop in second-quarter revenue

Wyndham Hotels reports a 50% drop in second-quarter revenue

Global comparable RevPAR declined 54% year-over-year.

07/29/2020|2:28:13 PM|ChinaTravelNews
Trip.com Group in talks with investors to delist from Nasdaq

Trip.com Group in talks with investors to delist from Nasdaq

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.

07/28/2020|4:28:12 PM|Reuters
Hotel giant Huazhu adds two Singapore experts in board room

Hotel giant Huazhu adds two Singapore experts in board room

Both Ms. Cao and Mr. Hee have extensive experience in Singapore, which is the international headquarters of Huazhu.

07/24/2020|12:34:57 AM|ChinaTravelNews
Uber rival Gett raises $ 100 million as it pivots toward the business travel market

Uber rival Gett raises $ 100 million as it pivots toward the business travel market

Gett’s all-in-one booking platform is available to businesses in Europe and North America.

07/22/2020|5:49:27 PM|CNBC
Beijing travel searches surge 500%; TravelSky half-year profit to drop 120% | Daily Brief

Beijing travel searches surge 500%; TravelSky half-year profit to drop 120% | Daily Brief

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.

07/20/2020|10:22:11 PM|ChinaTravelNews
Airlines IT provider TravelSky expects half-year profit to drop by 120%

Airlines IT provider TravelSky expects half-year profit to drop by 120%

The total volume processed by international and regional commercial airlines is expected to drop by 90.47%.

07/20/2020|9:55:51 PM|ChinaTravelNews
Payments firm for airport luxury goods shops could sell for $2.6 billion

Payments firm for airport luxury goods shops could sell for $2.6 billion

Silver Lake said in a regulatory filing it was offering concessions collectively worth more than $300 million.

07/20/2020|1:35:04 PM|Skift
Trip.com Group gets US regulatory approval for its Tripadvisor investment

Trip.com Group gets US regulatory approval for its Tripadvisor investment

The Chinese online travel group now owns a 5.2% stake in Tripadvisor for USD 153.9 million.

07/21/2020|11:07:35 PM|ChinaTravelNews
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