Search results for “decrease”
Upscale hotel group New Century reports 17% revenue decrease in 2020
03/15/2021|9:45:34 PM|
The RevPAR of mid-scale full service hotels was RMB181.5 in the second half of 2020, representing an increase of 88.5% from RMB96.3 of the first half of 2020.
Trip.com Group sees strong recovery momentum in international travel
03/07/2023|6:48:52 AM|
Outbound air-ticket bookings and hotel bookings increased by over 200% and 140% year over year in the fourth quarter.
Alibaba reorganizes into 6 units; Club Med owner says resort is ‘not for sale’ | Daily Brief
03/29/2023|11:21:40 PM|
Meituan co-founder acquires AI startup; Hong Kong’s travel industry council builds new B2B platform.
Club Med owner Fosun Tourism narrows annual loss to $77 million in 2022
03/27/2023|11:07:17 AM|
The business volume of Club Med in Mainland China recovered to 54.3% of that of the same period in 2019.
Meituan’s local commerce segment shines even in tough Q4
03/26/2023|11:06:18 AM|
The company shared that operating profit of its local commerce segment, led by the food delivery business, rose by 41% in Q4, even as its hotel and travel business suffered during the same period.
Tencent-invested travel company reports 18.8% drop in Q4 revenue; visa applications by Chinese group tourists surge | Daily Brief
03/21/2023|6:56:11 PM|
Hong Kong’s MTR Corporation adds 5 new mainland destinations; probe into China Eastern Airlines flight crash continuing.
Hong Kong-mainland travel traffic spikes; China's travel companies foretell huge earnings | Daily Brief
02/07/2023|9:48:10 PM|
Airport CEO predicts Hong Kong may need 2 years for tourism recovery; Thailand expects Chinese tourist numbers at 80% of pre-pandemic levels in 2023.
China’s travel restrictions lifted, corporate travel will skyrocket and propel APAC recovery
01/31/2023|3:17:35 PM|
The pace of recovery in China will likely be much faster than what other countries experienced in 2022.
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