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Billion-dollar trade events hit, luxury brands suffer - Virus Updates
02/08/2020|12:16:43 AM|
At least 61 people onboard a cruise ship off Japan have tested positive for the coronavirus; Hong Kong Airlines will cut 10% of its workforce.
China's travel industry bracing for $430 billion losses for 2020
02/14/2020|11:27:31 AM|
Travel volume during this year’s seven-day Lunar New Year period plummeted nearly 63.9% to just 152 million.
Travelport’s CEO ready to look beyond the air segment in China
10/11/2019|9:43:18 AM|
Recently appointed CEO, Greg Webb, has indicated that Travelport may move into the hospitality space and some of the other components as opposed to focusing only on the airline side going forward.
Accor on why digital transformation alone isn't enough for China
08/28/2019|2:48:33 PM|
Accor's Chief Digital Officer, Maud Bailly, acknowledges that even if a non-Chinese organization can transform and gear up for today's digital economy, it isn't prudent to go alone to make it work in China.
Air Canada agrees to acquire Air Transat parent company
05/20/2019|3:39:34 PM|
The deal is subject to agreement on the final terms and to shareholder and regulatory approval.
IHG CEO: China is “second home market” and OTA is running hotels “to learn”
05/11/2019|10:52:22 PM|
Mr. Keith Barr is not that concerned on the Chinese hotel giants' international play.
Hotel and travel AI startup secures $41 million funding round
04/09/2019|3:14:02 PM|
Zhuiyi Technology will use the funding for developing AI technology and products, recruitment, ecosystem building and overseas expansion.
Club Med launches new flagship resort in French Alps
01/03/2019|2:45:17 PM|
After 18 months of construction, Club Med Les Arcs Panorama should welcome this winter season over 13,000 clients from 40 different nations.
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