Search results for “Business”
Expense management startup raises $92.5M; Canton Fair stays virtual in April | Daily Brief
03/19/2021|10:30:06 PM|
Visa rules relaxed for Chinese vaccine recipient in 26 countries; Cologne uses WeChat to attract Chinese tourists.
9 megatrends of Chinese tourism post-pandemic
03/18/2021|3:45:06 PM|
For companies seeking megatrends of the global travel recovery, the China market may provide some food for thought.
Didi Chuxing suspends hotel and travel business with staff transfers and lay off
05/28/2019|5:51:38 PM|
Earlier this year, Didi was reported to have sustained steep losses of 10.9 billion yuan in 2018, and has been in the red for six years.
Leisure-focused OTA Tuniu expects to narrow revenue drop next quarter
03/16/2021|6:40:44 PM|
The company further strengthened cost-control measures and continued to optimize internal management system.
Global theme park brands accelerate expansion; China plans "1-2-3 Travel Circle" | Daily Brief
03/15/2021|11:28:56 PM|
TravelSky projects annual net profit of more than $60 million; China to ease domestic travel restrictions, allowing train travel without COVID-19 test report.
Upscale hotel group New Century reports 17% revenue decrease in 2020
03/15/2021|9:45:34 PM|
The RevPAR of mid-scale full service hotels was RMB181.5 in the second half of 2020, representing an increase of 88.5% from RMB96.3 of the first half of 2020.
Booking Holdings revenue halved in 2020, predicting Apple’s entry into online travel reservations marketplace
02/25/2021|8:11:11 AM|
Net income for the full-year 2020 was USD 59 million, a 99% decrease versus the prior year.
Asia travel agencies turn asset-light; Jin Jiang, Huazhu remains Accor’s major shareholders | Daily Brief
02/24/2021|11:23:21 PM|
Global theme park brands target lower-tier Chinese cities next five years; Macau casino operators’ stocks rally as China quarantine lifted.
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