Search results for “destination activities”
Trip.com-invested hotel brand collapses; Airbnb halts marketing to save $800M | Daily Brief
03/31/2020|11:25:59 PM|
Airbnb will suspend all marketing activities in a move which will save USD 800 million a year; China saw a huge uptick in flight searches.
Activities booking unicorn Klook acquires car rental firm Huizhuche
04/02/2020|3:26:04 PM|
A source told ChinaTravelNews that Klook spent less than USD 10 million in its acquisition of Huizhuche, a price tag much lower than the car rental firm's claimed value after its series B round.
Trip.com Group expects revenue to drop 45%-50% amid COVID-19 outbreak
03/19/2020|7:25:49 AM|
Net revenue grew 15% to USD 5.1 billion for the year.
China offers airlines subsidies; Finnair considers layoffs | Daily Brief
03/05/2020|10:15:56 PM|
The head of the US Chamber of Commerce said the government will not need to bail out US airlines; Bookings from China to Canadian province declined 70% between March and October.
Shanghai Disney partially reopens; Trip.com launches travel presales | Daily Brief
03/09/2020|11:38:41 PM|
Trip.com has launched presales of admissions to some 300 scenic spots, air tickets, accommodation and tour packages; Google's travel ad revenue may drop 10.2% in second quarter.
Chinese outbound travel firm collapses; Beijing quarantines travelers | Daily Brief
03/03/2020|6:34:07 PM|
Japanese cruise line blamed coronavirus for its bankruptcy; Thailand projected 6 million fewer visitors this year.
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.
F1 Grand Prix postponed, global airlines to lose $4 billion | Daily Brief
02/12/2020|11:06:29 PM|
ICAO forecast a decline in global traffic of 16.4 million passengers, the hotel industry could end up having to deal with the virus impact for the next 12 months.
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