Search results for “online travel agencies”
State-owned bank bails out OTA; airlines to see first traffic drop in a decade | Daily Brief
02/21/2020|11:21:10 PM|
The Industrial and Commercial Bank of China will provide a USD 86.7 million loan to online travel giant Trip.com Group; RevPAR of Hyatt hotels declined 90% last month in China.
China offers airlines subsidies; Finnair considers layoffs | Daily Brief
03/05/2020|10:15:56 PM|
The head of the US Chamber of Commerce said the government will not need to bail out US airlines; Bookings from China to Canadian province declined 70% between March and October.
As travel giants circle, understanding the economics in tours and activities is vital
03/05/2020|8:58:27 PM|
The situation has been complicated further by vertical integration in the sector, where OTAs purchased B2B offerings.
Corporate travel to take a $560B hit; searches for flights up 138% | Daily Brief
03/02/2020|4:49:38 PM|
China allocated USD 814 million to support project construction in the cultural tourism industry; Singapore Airlines is cutting pay for management staff.
Travel platform ixigo bets on intercity bus business with investment in gogoBus
03/05/2020|2:58:53 PM|
India has over 20 million people traveling between cities on a daily basis with a majority of 55% using intercity buses.
Global OTA fires China director; OYO cuts 60% of China staff | Daily Brief
03/04/2020|11:17:56 PM|
Airbnb’s plan for public listing this year is at risk of slipping into 2021; China's ski industry may lose USD 1.1 billion.
ITB Berlin canceled; indebted airline group seeks help | Weekly Review
02/29/2020|6:06:54 PM|
The ITB Berlin 2020 is officially canceled; Expedia starts global lay-offs this week in Asia offices.
Sharp jump in China flight searches suggests virus fear ebbing
03/04/2020|7:10:35 PM|
Searches for bookings during the April 4-6 Tomb Sweeping Holiday jumped 138% on Feb. 23 from a week earlier.
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