Search results for “decrease”
Home-sharing in China suffers 72.1% drop; Hotel giant changes directors | Daily Brief
07/24/2020|9:50:03 AM|
China's home rental market saw a 72.1% decline in transaction volume in January-May; 45% of the APAC respondents expect to travel within the next 6 months.
Hotel giant Huazhu reports 15.7% drop in Q1 revenue, expects further decline in Q2
07/01/2020|10:22:38 PM|
Huazhu expects net revenues to decline 32% to 34% year-over-year in the second quarter of 2020, or 35% to 37% if excluding the addition of Deutsche Hospitality.
OTA gets green light for US investment; Fliggy offers Fly At Will flight deals | Weekly Review
07/19/2020|12:21:24 PM|
Short-term rental firm Xiaozhu teamed up with lifestyle social network Xiaohongshu; E-commerce giant JD.com invested in the digital unit of Beijing Tourism Group to expand in the travel industry.
Home-rental firm works with lifestyle network; US weighs travel ban on Communist party | Daily Brief
07/16/2020|10:55:49 PM|
Shanghai Disneyland is adding guest capacity while Hong Kong park is closed; More international brands and eateries have opened at Shanghai's Hongqiao airport to serve increasing demand.
Huazhu sees improvement in Q2 operation results
07/16/2020|4:59:41 PM|
Same-hotel RevPAR dropped 40.8% in the second quarter, and 52.8% in the first quarter.
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.
Cathay unveils $5B bailout plan; Asian countries to build more travel bubbles | Weekly Review
06/14/2020|10:50:01 AM|
China's aviation regulator plans to increase international flights as the demand is skyrocketing; Thailand said China, Japan are interested in travel bubbles.
TravelSky adds China Eastern as investor of App; Airbnb China sees recovery | Daily Brief
06/13/2020|11:36:32 AM|
Chinese air traffic is rebounding with each of the biggest three airlines operating around 1,000 more flights per week by the end of May; Cathay Pacific saw a 99.6% drop in passenger traffic in April.
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