Revenues from air ticketing and hotels & packages posted declines of 14% and 18.3% respectively. But the company's bus ticketing business still saw an increase of 21%.
The Travel On fund aims to alleviate cash flow issues through commission waivers as well and reductions, small loans and other financial help.
China remains the single largest country with some 11.9 million scheduled flight seats last week; Accor worked with Ctrip, Fliggy, Meituan and WeChat to capture domestic demand in China.
Live streamers need to offer popular and quality products at heavily discounted prices, but that may pose a dilemma between increasing demand and maximizing profitability.
Several airlines are to receive wage subsidies from the Hong Kong government; Delta will be the first US airline to re-connect the US and China since temporary suspension in February.
The deal would give the Caissa Group 21.1% shares of Tuniu in total.
Chinese hotel tech giant was granted three more months to divest all its interests in the acquisition of a US startup.
Florida Funders believes Simplenight is the perfect fit within its portfolio of investments.
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