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Chinese OTA regains compliance with Nasdaq's minimum share price requirement
06/29/2020|11:49:59 PM|
Tuniu has not been profitable for the past six years as a public company. As of June 26 this year, the company's market capitalization was around USD 140 million.
China shows strong desire for trips; HNA Group gets US bailout funds | Daily Brief
07/09/2020|5:30:33 AM|
Consumers turn to duty-free as outbound tourism halted; Airlines explore new ways to offset economic losses.
Alibaba Fliggy offers Fly At Will deals to restore consumer confidence
07/15/2020|12:05:53 AM|
Fliggy's flight deals offer more diverse options as consumers can choose to fly with different airlines on one single booking platform.
Beijing eases restrictions; Seychelles featured on Mafengwo | Daily Brief
07/04/2020|2:51:40 PM|
First airlines go live with Skyscanner’s new options and ancillaries direct booking; Hainan cuts jet fuel prices for Chinese and foreign airlines.
Airbnb China appoints COO; Disney to cut jobs in Hong Kong | Weekly Review
07/06/2020|10:21:41 AM|
Over 40,000 hotels in China closed down in the first half of 2020; China's air passenger volume dropped 56.54% in January-May.
OYO China's CFO steps down; Rental platform partners with ByteDance | Weekly Review
07/12/2020|10:12:03 AM|
CEO of IHG's Greater China region saw more hotels joining chain brands after pandemic; Airbnb China reports more than 20% rise in active listings in June.
Chinese OTA mulls delisting from US; TravelSky projects half-year loss | Daily Brief
07/29/2020|12:16:25 AM|
Seven Chinese hotel groups made it to the global top 20 hotel groups by room number; Alibaba's online travel unit Fliggy has broadcast live streams from Serbia, Finland, Germany, and the U.K.
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%.
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