Search results for “hotel group”
China clears way to restart MICE events; Livestreams to boost tourism | Daily Brief
05/12/2020|1:24:14 AM|
Shanghai Disneyland sold out of tickets for its May 11 reopening within minutes; Travel short video service provider raises millions of yuan.
Tencent-backed OTA reports a 43.6% drop in Q1 revenue
05/21/2020|5:34:42 PM|
Net revenue is expected to decrease by 24% to 29% for the second quarter this year.
Shanghai resort zone revenue grows 17%; Chinese airlines lose $2B in Q1 | Daily Brief
04/30/2020|1:17:55 AM|
TUI China kicks off curated short-haul holidays; South Korea has agreed with China to start facilitating some business travel between the two.
Booking sells $106M Trip.com stake; United may resume China flights | Daily Brief
04/07/2020|11:35:20 PM|
The world's largest online travel group cut the stake in its Chinese counterpart by over 3 percentage points; Accor and Alibaba extend their strategic partnership.
China advises against overseas travel; Tourism to drop over one third | Daily Brief
04/23/2020|12:49:39 AM|
Travel searches have continued to climb for the International Labor Day holiday; Research estimates the COVID-19 will dent China's total tourism income by more than 30% this year.
Huazhu's net revenue rises 8.5%, same-hotel RevPAR down by 5.4%
03/27/2020|8:19:48 AM|
Huazhu is expected to close 350-450 hotels, including planned closure of 300-350 hotels and special closure of 50-100 hotels impacted by COVID-19.
Hotel guests must show test results; Brands press ahead with Asia expansions | Daily Brief
04/14/2020|11:50:30 PM|
New York-listed Chinese hotel firm expects revenue to decline by 30%-35% in Q1; Tourist attractions are only allowed to run up to 30% of full capacity.
Hong Kong regulator accepts OTA giants' pledge to drop rate parity
05/14/2020|2:38:21 PM|
Booking.com, Expedia and Trip.com Group have vowed to remove their rate-parity contract terms with accommodation providers in Hong Kong.
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