Search results for “profitability”
Tencent-invested OTA sees recovery, Chinese travelers switch to private tours | Daily Brief
08/28/2020|11:01:53 PM|
Chinese OTA Tuniu reported 97% drop in packaged-tour revenue; TravelSky posted 40% decrease in half-year revenue.
Tencent-invested travel firm reports 24.6% drop in revenue, sees recovery trend
08/28/2020|6:37:48 PM|
As of June 30, around 85.9% of its registered users resided in non-first-tier Chinese cities.
China's hotel occupancy shows first growth; Blockchain travel site enters China | Daily Brief
09/19/2020|12:24:26 AM|
British Airways resumes Shanghai service; Alibaba's Fliggy offers billion-dollar subsidy.
Meituan reports 8.9% rise in revenue, 17% decline in hotel room nights
08/22/2020|11:10:23 AM|
Hotel business continued to be significantly affected by the pandemic, with the number of domestic room nights consumed in the second quarter decreasing by 17% to 78 million.
Cathay paves way for lay-offs; Deal renewal of TravelSky, China Eastern delayed | Daily Brief
09/12/2020|11:26:50 AM|
China begins $4.9 billion expansion project at a Silk Road airport; Accor announces its first flagship Fairmont Resort in Greater China.
China curbs data abuse by OTAs; Go-Yunnan works with Lonely Planet | Daily Brief
09/03/2020|12:41:53 AM|
China’s domestic market boosts global passenger demand in July; Jin Jiang International Hotels sees 42% drop in half-year revenue.
Smart tour guide operator Lvji reports a net loss of $11.7 million for H1
09/01/2020|11:38:48 AM|
Lvji uses VR technology innovation to further launch VR business in order to grasp the trend of cloud tourism and 5G innovation.
TravelSky posts 40% decrease in half-year revenue, operating loss of $56.8 million
08/28/2020|8:27:02 PM|
Revenue from the aviation information technology services dropped more than 55% to USD 145 million during the first sixth months this year.
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