Search results for “international business travel”
Hotel conglomerate Jin Jiang consolidates China units
05/26/2020|12:04:03 AM|
Jin Jiang has accelerated its international expansion through mergers and acquisitions since 2015, acquiring Louvre Group, Plateno Group, Vienna Hotels Group and Radisson Hotels.
China continues flight control; Huazhu restructures for global ambition | Daily Brief
05/20/2020|11:57:56 PM|
Despite reports of restoration, China’s air transportation system is not likely to fully recover for at least another two years; Hong Kong airport sees 99.5% passenger traffic drop in April.
Hotel PMS firm raises $14 million; China accused of blocking US flights | Daily Brief
05/25/2020|11:20:13 PM|
Car-hailing giant Didi started an international travel agency; Meituan recorded 45.5% fewer room nights due to pandemic impact.
China restores only 20%-30% of domestic corporate travel
05/21/2020|4:19:50 PM|
The Chinese business travel market was worth USD 394 billion in 2019, but only 10% of the businesses were served by professional TMCs.
Chinese arrivals to Australia drop 99.8%; China Southern to raise over $2B | Daily Brief
05/16/2020|10:39:31 AM|
Hotel occupancy in China reached over 40% during May 6-10 as business travel increased; Cathay Pacific flagged a “very bleak” outlook as coronavirus grounded planes globally.
OTAs vow to drop rate parity; Travel recovery to peak after September | Weekly Review
05/16/2020|10:49:34 AM|
IHG starts flagship store on Trip.com Group; 70% of OYO hotels in China are now back to business.
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.
Travel recovery to peak after September; Airlines to return to China in June | Daily Brief
05/13/2020|12:39:42 AM|
Global airline capacity this week is up 2% to 29.8 million seats and China is leading the growth; China proposes fast-track entry for Japanese business travelers.
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