Search results for “hotel and travel”
Trip.com applies for second listing; Accor further offloads stake in Huazhu | Daily Brief
02/21/2021|12:16:42 AM|
US could lose $15-30 billion a year if Chinese tourism, education spending falls; Minor Hotels taps China's growing domestic tourism.
Ocean Link raises $580m fund; China buoys Lagardère in a tough year | Daily Brief
02/27/2021|12:13:10 AM|
Epidemic response helps planes get back in skies; Spring Festival holiday tourism income recovers to 58.6% of pre-virus level.
Louvre Hotels chooses Sabre's hospitality solutions to boost strategic distribution
02/17/2021|5:11:20 PM|
Europe's second-largest enterprise hotel group adopts Sabre's broad portfolio of distribution and retailing solutions.
Trip.com Group, Shangri-La Group deepens strategic partnership
03/08/2021|2:27:49 PM|
This new cooperation enables 300 million-plus Ctrip high-end members to access to the Shangri-La Golden Circle Programme across Shangri-La’s portfolio of over 100 hotels globally.
Booking Holdings revenue halved in 2020, predicting Apple’s entry into online travel reservations marketplace
02/25/2021|8:11:11 AM|
Net income for the full-year 2020 was USD 59 million, a 99% decrease versus the prior year.
Accor’s revenue reduces nearly 60% in 2020, but Huazhu invests more
02/24/2021|5:55:57 PM|
In China, the recovery observed from the second quarter onwards gathered pace quarter after quarter, resulting in a 44.2% decline in RevPAR over the year.
China hotels show slight lift during Lunar New Year holiday
03/02/2021|3:40:53 PM|
Daily occupancy in the market sat in the 30% range for most of the festival period Feb 11-17 then rose to as high as 37.6% on Feb 20.
Sabre reports a net loss of $311 million for Q4
02/17/2021|10:41:11 AM|
Operating loss was USD 988 million, versus operating income of USD 363 million in 2019.
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