Search results for “financial”
Marriott sees 76.8% RevPAR rise in Greater China, but still a long way to full recovery
05/11/2021|12:19:22 AM|
Total revenues for this quarter were USD 2.3 billion, down by 51% compared with the same period of 2020.
Thomas Cook expands into Europe; HK tourism sector gets HK$1.2B help | Daily Brief
02/24/2022|11:54:27 PM|
Hong Kong’s Covid surge overshadows new travel lane with Singapore; Taiwan considers resumption of foreign travel during second half of 2022.
IHG reports occupancy growth in Greater China and CEO is confident about sustained growth
05/07/2021|8:13:07 PM|
RevPAR in Greater China was down 37.7% vs 2019, and up 78.2% vs 2020.
Expedia posts a net loss of $581 million in Q1, with leisure travel leading the recovery
05/07/2021|8:49:11 AM|
For the first quarter of 2021, total gross bookings decreased 14%, with lodging bookings experiencing year-over-year growth in the first quarter.
Hilton reports 54.5% revenue decrease in Q1, sees occupancy rise only in Asia
05/05/2021|11:07:21 PM|
The RevPAR in Asia was USD 42.7, down by 6.6% year-on-year.
Sabre reports a net loss of $266 million for Q1, and will not give guidance at this time
05/05/2021|5:13:20 PM|
Sabre’s first quarter revenue decreased by 50%, and global bookings were down by 55%.
Air China agrees to pay $143,000 US fine; Hong Kong sees first Covid deaths in months | Daily Brief
02/10/2022|11:59:27 PM|
Hainan duty-free sales soar 156% during Spring Festival; Marriott International plans further Asia Pacific expansion.
Accor reports nearly 50% revenue drop in Q1 2021
04/22/2021|5:23:56 PM|
In Asia-Pacific, RevPAR fell by 54.8%, with mixed performances by region.
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