Search results for “Investment”
Huazhu restructures for global plan; Trip.com Group buys Dutch OTA | Weekly Review
05/23/2020|9:22:05 PM|
OYO has finally appointed a CEO for its China unit; The world's top 50 hotel brands are losing USD 14 billion in value.
OTA joins group to launch an airline; Chinese flight suspended over infection | Daily Brief
06/16/2020|12:18:09 AM|
Fosun-invested customized travel agency has gone bust; Indonesia plans travel bubble with China, Japan, and Australia.
Internet travel company Mounsey receives $7 million
06/17/2020|9:57:52 AM|
Mounsey boasts 2,500 branded outlets in China and aims at exceeding 10,000 outlets in three years.
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.
Booking Holdings loses over $100 million in Trip.com equity sales
05/08/2020|7:39:44 AM|
The company reported a net loss of USD 699 million in the first 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.
Online leisure travel firm Tuniu reports a 61.9% revenue decrease in Q1
06/10/2020|9:04:47 PM|
The company expects its second-quarter net revenues to drop by 86% to 96%.
Investors offload stakes in Chinese OTA; Global hotel chains recover in China | Weekly Review
05/09/2020|11:15:38 PM|
Booking loses $130 million in the sale of its Trip.com Group stake; Shanghai Disney theme park will reopen on May 11.
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