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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.

Major Hong Kong carrier eyes increasing passenger capacity up to quarter by year end

08/10/2022|4:20:29 PM|

Cathay aims at hiring more than 4,000 front-line employees to meet operational needs over the next 18-24 months.

Trip.com Group records growth in certain areas not impacted by Covid

06/29/2022|11:36:31 AM|

The online travel company acknowledged that the hotel business recovery was much faster in areas less impacted by Covid. Hotel bookings in Southern and Western China have recently surpassed 2019 levels.

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