Search results for “financing”
Hundreds of hotels in Wuhan call for financial aid after providing free rooms for medical workers
04/16/2020|3:18:28 PM|
These hotels have collectively provided 200,000 nights of free stays for healthcare workers, valued in total at more than $2.83 million.
CarTrawler gets €100M investment to boost finances and drive growth
05/20/2020|2:55:50 PM|
This investment will allow CarTrawler to come out of this period of unprecedented disruption with a stronger platform for growth.
Tuniu appoints financial controller; Chinese airlines on track for recovery | Daily Brief
05/30/2020|2:37:22 PM|
Trip.com Group posted a 62% drop in accommodation and a 29% decrease in transportation; Global travel disruptions are the top concern for American businesses in China.
Hong Kong airlines say $335 million in financial aid is not enough
03/25/2020|2:27:09 PM|
Airlines in Hong Kong have pointed to other government measures, including paying employees’ wages to prevent job losses.
Ant Financial picks up stake in European fintech firm Klarna
03/05/2020|9:19:43 PM|
Klarna also collaborated with Expedia Group last April to provide travelers the flexibility to pay over time.
World’s top 50 valuable hotel brands could lose up to $14 billion of brand value
05/22/2020|5:25:28 PM|
Hilton remains world’s most valuable hotel brand, up an impressive 35%. Mercure is fastest growing brand, following staggering 57% growth.
Coronavirus pushes airlines to their worst financial hit in 17 years
02/12/2020|3:29:11 PM|
Carriers with weaker business models or liquidity profiles are likely to be hit harder and take longer to recover.
Expedia names new CEO, raising $3.2 billion amid COVID-19
04/23/2020|11:03:23 PM|
Preliminary results show that room nights dropped by 12%-17% to 67-71 million in the first quarter and gross bookings were down by 38%-43% at USD 17.1-18.5 billion.
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China to curb foreign travel until October

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World’s top 50 valuable hotel brands could lose up to $14 billion of brand value

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Agoda cuts 1,500 jobs in Asia

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Trip.com Group’s acquisition of Travix hints at appeal of smaller OTA

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OYO appoints CEO for its China unit

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