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Indian groups worry about China travel curbs; Cathay eyes limited London return | Daily Brief
04/10/2021|12:27:16 AM|
Global domestic air demand declines largely due to weakness in China travel; Genting Hong Kong reveals $1.72 billion annual loss.
State-owned hospitality group Jin Jiang reports 32.3% drop in revenue, eyes to be a world-renowned name
04/03/2021|12:19:33 AM|
In 2020, Jin Jiang had around 13% of its revenue from overseas markets, down from the 20% overseas share in 2019.
Alibaba, Hilton integrate membership; Chinese OTA buys corporate travel firm | Daily Brief
03/29/2021|9:24:46 PM|
Hong Kong to ease social-distancing, push for travel bubbles to speed up mass vaccination; U.S. lawmakers ask Biden to make travel easier from Taiwan.
Tongcheng-Elong continues to garner users from non-1st-tier cities
03/29/2021|12:09:41 PM|
Highlights of Q4 2020 for the online travel company included its continued expansion of registered users from non-1st tier cities in China, user acquisition and an acquisition in the corporate travel sector.
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.
Chinese hotel group GreenTree sees a 33% drop in Q1 revenue
06/05/2020|2:18:13 PM|
The company expects its total revenues to decrease by 10%-15% for the full year 2020.
Trip.com Group to float on HK bourse in April; WeChat travel scam is back | Daily Brief
02/23/2021|11:18:29 PM|
Japan raises concerns over China blacklist on overseas casino destinations; SAP Concur appoints general manager for Asia Pacific Japan, Greater China.
Trip.com filing: Baidu remains its largest shareholder, international revenue drops significantly
03/16/2021|5:10:46 PM|
Revenue from other regions across the globe decreased from 12.5% in 2019 to 7.1% in 2020.
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