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Online leisure travel firm Tuniu reports a 61.9% revenue decrease in Q1

06/10/2020|9:04:47 PM|

The company expects its second-quarter net revenues to drop by 86% to 96%.

Online leisure travel firm Tuniu posts a 1.8% rise in 2019 net revenues

04/09/2020|11:11:27 PM|

Tuniu expects its net revenues to decline by 65%-75% for the first quarter this year.

Marriott taps into new revenue streams amid China's strong recovery

10/17/2020|10:23:23 PM|

While domestic travelers accounted for about 70% of the stays in Marriott’s China portfolio pre-pandemic, today it is closer to 95%.

How the region is responding to Singapore’s idea of air travel bubbles

10/15/2020|6:27:41 PM|

The industry will immediately become “social pariahs” if there is a spike of Covid-19 cases.

Airlines may struggle to be profitable but sees ‘green shoots’ on the horizon

06/16/2020|11:18:54 AM|

A 1% movement in corporate travel volumes impact airline profitability by 10%.

What will hotel recovery look like after COVID-19?

06/12/2020|2:46:39 PM|

Hotels can expect that major cities still battling infection rates will see a slower rise in confirmed stays.

Marriott opens all hotels in China, sees steady U.S. recovery

06/02/2020|1:51:04 PM|

The occupancy rate in China was 40% currently, up from 7% to 8% in February.

STR monitors a rise in China hotel booking

05/18/2020|3:26:24 PM|

China’s major cities shows both business and leisure travel is resuming.

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