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SoftBank-backed Klook eyes US IPO; Marriott beats market estimates on China recovery | Weekly Review

05/13/2023|2:35:02 PM|

Trip.Biz unveils soaring corporate travel demand for bleisure trips; Trip.com Group holds a 14.2% stake in Atour.

Q2 proves to be turbulent as well as promising for H World

08/31/2022|5:18:06 PM|

The mixed performance came in considering that the company’s European operations recovered to attain 2019 levels, whereas H World continued to focus on maintaining a healthy cash position for its operations in China.

Hotel giant H World sees Q2 revenue down 5.7%, plans to quit economy soft-brands segment

08/29/2022|11:01:00 PM|

Q3 Revenue is projected to rise 13&-17%.

Meituan reports 16.4% rise in Q2 revenue but notable drop in room nights

08/26/2022|5:54:48 PM|

High-star hotels were more heavily impacted than low-star Hotels.

Club Med owner reports 130% rise in half-year revenue and narrowed loss

08/22/2022|11:36:55 PM|

Business volume of Club Med rose 336.0% year on year.

Tencent-invested online travel firm reports nearly 40% revenue decrease in Q2

08/22/2022|6:30:11 PM|

GMV decreased by 26.6% to RMB56.7 million.

Amex GBT reports 217% rise in Q2 revenue

08/12/2022|7:23:52 PM|

Total Transaction has recovered 69%.

IHG sees half-year operating profit down by 84% in Greater China

08/12/2022|6:48:32 AM|

CEO Keith Barr said the company had a tough start in China this year.

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