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Tencent-backed OTA reports a 43.6% drop in Q1 revenue
05/21/2020|5:34:42 PM|
Net revenue is expected to decrease by 24% to 29% for the second quarter this year.
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.
Huazhu initiates major restructuring to pursue global ambition
05/20/2020|10:58:13 PM|
China remains key to the company's operation while Huazhu will continue its investments for international expansion.
Disney's Shanghai park to reopen; WeChat takes museums to cloud | Daily Brief
05/07/2020|12:12:57 AM|
Disney will begin a phased reopening of its Shanghai theme park next week; Australian travel tech firm Aeronology inked a global distribution deal with TravelSky.
Stay relevant in the digital customer journey post-pandemic
06/23/2020|11:56:11 AM|
TravelDaily will host a webinar to share insights into the consumer behaviors and user preferences of Chinese travelers in the travel recovery.
Domestic flights further rebound; Searches for China flights rise | Daily Brief
06/04/2020|11:45:20 PM|
China and Singapore agreed to create a fast lane to facilitate essential travel without 14-day quarantine from June 8; Trip.com Group set up a new unit to invest in startups.
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.
Major OTA reports 43.6% drop in revenue; China buys into Norwegian Air | Daily Brief
05/21/2020|5:16:44 PM|
Travel distribution firm DerbySoft is building new connections with Airbnb and HotelTonight; Marriott expects East Asia to lead the recovery with millennial customers.
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