Search results for “hotel distribution”
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%.
Deutsche Hospitality CEO: Finding the right partner in China is important
03/15/2021|10:48:55 PM|
The German hotel group plans to quintuple its hotel portfolio by 2025, partly through mergers and acquisitions.
DidaTravel raises funding from Alibaba, accelerates digitalization and globalization
04/07/2021|7:55:03 AM|
The company said it managed to significantly reduce the pandemic impacts on business and ensure steady development.
Lifestyle hotel brand Atour reportedly plans $300m US IPO
04/19/2021|3:57:18 PM|
The company was backed by Legend Capital and Alibaba’s former CEO Mr. Zhaoxi Lu in previous funding round.
Lifestyle hotel brand seeks IPO; China to approve 1st foreign vaccine by July | Daily Brief
04/19/2021|10:53:17 PM|
Hong Kong, Macau tightens flight ban, quarantine rule to fight mutant strain; Hong Kong, Singapore target mid-May for travel bubble deal.
China to recognize Western vaccines; PayPal works on cross-border payments | Daily Brief
04/21/2021|11:37:41 PM|
Domestic revenue of Chinese travel agencies totals $18.33 billion last year; Chinese independent travelers seek authenticity in Europe dining, study finds.
Trip.com Group reveals more investments in filing for second listing
04/07/2021|8:23:49 AM|
Since December 31, 2020 and up to March 31, 2021, Trip.com Group has made or proposed to make investments in OTA, virtual bank, hotel management, car service and hotel.
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