Search results for “revenue”
Investors offload stakes in Chinese OTA; Global hotel chains recover in China | Weekly Review
05/09/2020|11:15:38 PM|
Booking loses $130 million in the sale of its Trip.com Group stake; Shanghai Disney theme park will reopen on May 11.
Huazhu initiates major restructuring to pursue global ambition
05/20/2020|10:58:13 PM|
China remains key to the company's operation while Huazhu will continue its investments for international expansion.
OYO appoints CEO for its China unit
05/16/2020|10:33:18 PM|
The China market generated USD 307 million in revenue for OYO in FY2019, but also posted a net loss of USD 197 million, accounting for nearly 60% of the company's total annual loss.
Disney's Shanghai park to reopen; WeChat takes museums to cloud | Daily Brief
05/07/2020|12:12:57 AM|
Disney will begin a phased reopening of its Shanghai theme park next week; Australian travel tech firm Aeronology inked a global distribution deal with TravelSky.
Top Chinese carriers confident of their FFP members staying loyal
06/04/2020|9:08:15 AM|
Chinese carriers not only took initiatives to assure their loyalty program members about the utility of loyalty currency and membership benefits, but they also paved way for smaller non-air redemptions to subsidize member's shopping for essentials during the coronavirus crisis.
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.
China issues $1.87 billion special bonds to support major tourism projects
05/12/2020|9:56:50 AM|
As of the end of March, 23 local governments in the nation had issued special bonds, raising a total of RMB 13.259 billion (USD 1.87 billion) in support of the cultural and tourism sectors.
E-commerce giant buys into tour operator; TUI China kicks off holidays | Weekly Review
05/03/2020|12:22:17 PM|
TUI China focuses on short-haul outdoor trips; Around 74.29% of the Chinese hotels and inns have ceased operation during COVID-19.
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