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Booking sells $106M Trip.com stake; United may resume China flights | Daily Brief
04/07/2020
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6 years ago
The world's largest online travel group cut the stake in its Chinese counterpart by over 3 percentage points; Accor and Alibaba extend their strategic partnership.
Hotel recovery led by midscale & economy; Global aviation loss to rise to $2T | Daily Brief
04/11/2020
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6 years ago
Shanghai Airport stock slumps below target by the widest margin in 13 years; China's theme parks re-open with strict rules to prevent further outbreak of the virus.
OTA expects up to 75% revenue drop; Authority buys tickets to help airlines | Daily Brief
04/10/2020
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6 years ago
Hong Kong will buy 500,000 flight tickets from the city’s airlines as part of a stimulus; China's domestic travelers decreased 61.4% during a three-day holiday.
Corporate travel to take a $560B hit; searches for flights up 138% | Daily Brief
03/02/2020
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6 years ago
China allocated USD 814 million to support project construction in the cultural tourism industry; Singapore Airlines is cutting pay for management staff.
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