Search results for “financial”
Expedia suspends travel listings from mainland China amid coronavirus outbreak
Expedia has informed its suppliers via email that it will suspend the sale of all mainland China-based products, ground transportation and tours.
VAT-refund startup Refundit raises $9.8 million led by travel-tech giant Amadeus
Refundit's digital solution aims to allow worldwide visiting Europe to claim VAT refund via a digital process, without paperwork and without standing on line at the airport.
Trip.com Group joins Standard Chartered to announce new virtual banking service Mox
Mox will offer a comprehensive suite of retail financial services, as well as unique telecom, entertainment and travel products.
Trip.com Group charts course out of virus fog
The company’s clearer outlook is a far cry from peers such as Expedia and Booking Holdings, which have both withdrawn financial guidance, citing the pandemic.
Upscale hotel group New Century reports a 144.1% jump in EBITDA
The Chinese hotelier invested by Trip.com Group said it has "sufficient financial resources" to deal with coronavirus impact.
Voi Technology raises $85M to expand e-scooter services in Europe
Voi's operations have expanded from its headquarters in Stockholm to 38 cities across 10 European countries, including France, Germany, Spain and Denmark.
State-owned bank bails out OTA; airlines to see first traffic drop in a decade | Daily Brief
The Industrial and Commercial Bank of China will provide a USD 86.7 million loan to online travel giant Trip.com Group; RevPAR of Hyatt hotels declined 90% last month in China.
Expedia suspends China listings, Europe projects 7%-25% impact | Daily Brief
Europe anticipates seeing 7%-25% less Chinese visitor arrivals this year due to virus impact, OYO's annual loss has widened sixfold, and more for the day.
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Forward bookings for China domestic air travel show dramatic rebound
Trip.com Group chairman: How mobile apps could help to contain virus
Trip.com Group expects revenue to drop 45%-50% amid COVID-19 outbreak
OYO sees signs of recovery in China after coronavirus outbreak
COVID-19 cuts China air travel capacity by 80%
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