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China's key to airline recovery in East Asia; Visitor arrivals in Korea drop 99% | Daily Brief
07/18/2020|11:34:08 AM|
Huazhu subsidiary Deutsche Hospitality unveils "H Rewards" loyalty benefits; Air France-KLM adds China flights after France intervenes.
Trip.com Group buys OTA Travix; Tuniu receives Nasdaq compliance warning | Daily Brief
05/23/2020|11:46:32 AM|
The hotel sector is heavily impacted by COVID-19 and brands could lose up to USD 14 billion of cumulative brand value; China dismisses suspending applications for private passports as a rumor.
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.
Fosun-invested customized travel agency Shijiebang goes under
06/15/2020|10:30:19 PM|
The pandemic is just a catalyst for the collapse of Shijiebang.
Ctrip launches IHG flagship store, 70% of OYO China hotels reopened | Daily Brief
05/15/2020|7:36:48 AM|
Chinese carriers are likely to see a full recovery by 2021; Beijing is mulling to cut red tape and fast-track cross-border checks with Taiwan, Hong Kong, Macao and South Korea.
Japan to ease travel curbs for China; Canada updates Hong Kong advisory | Daily Brief
07/02/2020|6:45:06 AM|
Around 90% of staff at Cathay Pacific agreed to take unpaid leave in a second round of cost-saving measures; Chinese hotel chain Huazhu recorded a 15.7% drop in Q1 net revenue.
Skyscanner to change CEO; Singapore-China to open essential travel corridor | Daily Brief
06/01/2020|11:28:16 PM|
Major Chinese airlines have issued an unprecedented USD 12.7 billion worth of short-term notes since January; Chinese airlines operated more flights than US counterparts in May.
Tencent-backed OTA reports a 43.6% drop in Q1 revenue
05/21/2020|5:34:42 PM|
Net revenue is expected to decrease by 24% to 29% for the second quarter this year.
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