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Wyndham reports a 40% revenue decline, but Greater China RevPAR performs far better than other regions
02/12/2021|11:56:55 PM|
System-wide rooms declined 4% year-over-year.
Expedia reports net loss of $391 million in Q4
02/12/2021|11:41:06 AM|
Lodging revenue decreased 58% in the fourth quarter of 2020 on a 61% decrease in room nights stayed.
Domestic and international trips in China expected to rebound in second half
03/02/2021|6:25:44 PM|
Outbound travel is expected to increase by 70% compared to 2020.
Family-activity firm raise fund; America to overhaul Asia in flights | Daily Brief
02/04/2021|11:04:41 PM|
Chinese travelers are more optimistic about travel in 2021; China Eastern Airlines gets $1.7 billion lifeline.
Ocean Link raises $580m fund; China buoys Lagardère in a tough year | Daily Brief
02/27/2021|12:13:10 AM|
Epidemic response helps planes get back in skies; Spring Festival holiday tourism income recovers to 58.6% of pre-virus level.
MSC Cruises to deploy two flagships in China
01/18/2021|2:16:28 PM|
MSC Cruises will be the first major international cruise line to deploy two flagships in China, marking the start of a new age of “double flagship deployment” of the Chinese cruise market.
Chinese airlines weighing IATA travel pass; Legoland Shanghai to break ground | Daily Brief
02/25/2021|10:36:35 PM|
Travel restrictions to be eased as mass vaccinations in Northern Hemisphere expected in April; Direct flights between China, France cut again.
Asia travel agencies turn asset-light; Jin Jiang, Huazhu remains Accor’s major shareholders | Daily Brief
02/24/2021|11:23:21 PM|
Global theme park brands target lower-tier Chinese cities next five years; Macau casino operators’ stocks rally as China quarantine lifted.
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