Search results for “COVID-19”
OTA Insight launches predictive solution Market Insight
06/29/2020|10:44:17 AM|
Hoteliers and revenue managers must rethink their commercial strategy to navigate the new normal.
Trip.com Group net revenue drops 42% in Q1, accommodation down by 62%
05/29/2020|6:49:31 AM|
The company expects net revenue to decrease by 67% to 77% year-over-year for the second quarter.
Tuniu appoints financial controller; Chinese airlines on track for recovery | Daily Brief
05/30/2020|2:37:22 PM|
Trip.com Group posted a 62% drop in accommodation and a 29% decrease in transportation; Global travel disruptions are the top concern for American businesses in China.
OTA buys a stake in airport app; E-commerce site adds flight booking service | Daily Brief
06/02/2020|11:30:38 PM|
EU chamber urged China to cut subsidies to inefficient airlines; Marriott hotels' occupancy rate in China rose to 40%.
MakeMyTrip's operating loss widens nearly tenfold in latest quarter
06/27/2020|2:30:47 PM|
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%.
Airline schedule data indicates potential recovery in Asia Pacific through July
06/26/2020|10:05:56 PM|
Mainland China’s domestic schedule suggests a recovery to marginally positive year-on-year growth by end of July.
Accor works on travel recovery; China tightens traveler check in Beijing | Daily Brief
06/25/2020|9:33:32 AM|
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.
Chinese hotel group GreenTree sees a 33% drop in Q1 revenue
06/05/2020|2:18:13 PM|
The company expects its total revenues to decrease by 10%-15% for the full year 2020.
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