Search results for “business expansion”
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.
Hotel conglomerate Jin Jiang consolidates China units
05/26/2020|12:04:03 AM|
Jin Jiang has accelerated its international expansion through mergers and acquisitions since 2015, acquiring Louvre Group, Plateno Group, Vienna Hotels Group and Radisson Hotels.
Skyscanner to change CEO; Singapore-China to open essential travel corridor | Daily Brief
06/01/2020|11:28:16 PM|
Major Chinese airlines have issued an unprecedented USD 12.7 billion worth of short-term notes since January; Chinese airlines operated more flights than US counterparts in May.
Travel recovery to peak after September; Airlines to return to China in June | Daily Brief
05/13/2020|12:39:42 AM|
Global airline capacity this week is up 2% to 29.8 million seats and China is leading the growth; China proposes fast-track entry for Japanese business travelers.
Beijing warns against US travel; France sees 30%-40% less visitors | Daily Brief
02/24/2020|8:56:36 PM|
Juneyao Airlines will be indefinitely postponing the launch of new European routes; AI tech firm raised $42 million in funding.
China restores only 20%-30% of domestic corporate travel
05/21/2020|4:19:50 PM|
The Chinese business travel market was worth USD 394 billion in 2019, but only 10% of the businesses were served by professional TMCs.
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.
Ctrip launches IHG flagship store, 70% of OYO China hotels reopened | Daily Brief
05/15/2020|7:36:48 AM|
Chinese carriers are likely to see a full recovery by 2021; Beijing is mulling to cut red tape and fast-track cross-border checks with Taiwan, Hong Kong, Macao and South Korea.
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