Search results for “Q1”
Chinese airlines see significant Q1 losses, mull buying embattled Virgin Australia | Daily Brief
04/20/2020|11:13:25 PM|
Three state-owned Chinese airline giants expect significant losses in the quarter; Beijing reopens 30% of its major tourist sites.
Leisure travel firm Tuniu reports 62.8% decline in Q4 revenue
03/17/2023|7:39:13 PM|
The company expects net revenues to increase by 45%-55% in Q1 2023.
Star-rated hotels in China report $4.25 billion operating income for first quarter
06/02/2021|2:57:34 PM|
Strong revenue growth has been recorded for five-star and four-star hotels for the quarter.
Room night bookings deliver sizable operating profit for Meituan
06/02/2021|1:42:04 PM|
A sign of progress was Meituan’s decision to expand its hotel supply in the high-end segment and the number of bookings garnered from this category continued to rise.
Chinese province tightens Covid measures; OTA expects over 300% rise in Q2 revenues | Daily Brief
06/04/2021|12:24:38 AM|
Regulator works out rules to improve trustworthiness of travel businesses; China’s deepening opening-up to favor global post-pandemic tourism.
Huazhu Group targets lifestyle market opportunities
05/27/2021|11:12:05 AM|
The Chinese hotel company believes its expansion in the lifestyle segment, both via organic and inorganic routes, plus excellent RevPAR growth in lower-tier cities is a positive sign for the group.
Hotel firm GreenTree expects a 30%-35% drop in Q1 revenue
04/14/2020|9:35:51 PM|
Due to the impact of COVID-19, the company may record a decline in total revenues of 10%-15% for the full year 2020.
Wyndham eyes exceptional conditions for growth in China
06/22/2021|3:07:08 PM|
After Wyndham's decision to restructure its team in the APAC region last year, the group is building on its direct franchising in China and also plans to target consumers from lower-tier cities.
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