Search results for “profitability”
Upscale hotel chain expects profit drop; China's No. 4 airline to draw new investors | Daily Brief
02/03/2021|6:13:14 AM|
Club Med owner Fosun Tourism expects annual loss of up to $410 million; Chinese airlines’ income for the festival travel may rush down 60%-70%.
Upscale hospitality group New Century projects 80%-90% less profit
02/03/2021|6:03:23 AM|
In the second half of 2020, the hotel chain's occupancy rate and RevPAR were significantly improved.
China continues to adapt border control; Didi users begin deleting the app | Daily Brief
07/26/2022|10:49:53 PM|
Hong Kong to speed arrivals with new electronic declaration rule; CAAC approves Biman flights to Kunming, Guangzhou.
Hong Kong ends Covid flight bans; High-end hotels turn to livestream sales | Daily Brief
07/07/2022|10:12:13 PM|
Issued tickets from Shanghai to the resort city of Sanya surpass 2019 levels; almost 80% of Hongkongers eyeing overseas travel from June to Sept.
Meituan acts fast on new demand and cost cutting opportunities in Q1
06/09/2022|2:21:26 PM|
The company highlighted that the decision to support hotel companies’ digital transformation and some of the other initiatives like Hotel + X are contributing immensely at this juncture.
Tencent-invested Meituan posts 25% rise in revenue, 17.7% increase in operating loss
06/02/2022|7:28:15 PM|
Domestic hotel room nights decreased by a single-digit percentage year over year.
TravelSky projects a $77 million annual profit for 2020
01/21/2021|3:59:15 PM|
The full-year profit prediction for 2020 demonstrates a positive sign of recovery, as the company reported a net loss of RMB 306 million for the first half of the year.
MakeMyTrip reports 11.8% revenue increase in 4Q22
05/25/2022|10:10:22 PM|
Revenue from the air ticketing business increased by 4.6% to USD 25.3 million in the quarter ended March 31, 2022.
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