Search results for “service providers”
Virus may cost 75M travel jobs; Forward bookings show dramatic rebound | Weekly Review
03/28/2020|9:54:45 PM|
Hotel giant leverages equity investments to grow profit significantly last year; Chinese visitors to Japan plunge 87.9% in February.
Huazhu's net revenue rises 8.5%, same-hotel RevPAR down by 5.4%
03/27/2020|8:19:48 AM|
Huazhu is expected to close 350-450 hotels, including planned closure of 300-350 hotels and special closure of 50-100 hotels impacted by COVID-19.
OTA giant sees revenue falling by half; Foreign arrivals to Japan plunge 58% | Daily Brief
03/19/2020|10:52:49 PM|
Trip.com Group expects net revenue to decrease by 45%-50% in the first quarter; Four-fifths of flight capacity between China and the rest of the world has been cut back.
Airbnb loses $276M in Q4; Trip.com taps into virtual banking | Daily Brief
03/13/2020|10:12:26 PM|
Expedia is withdrawing its adjusted EBITDA guidance due to growing virus impact; Global hotel transaction volumes in 2019 reached USD 66 billion last year.
Expedia rescinds 2020 guidance; Airbnb widens losses | Weekly Review
03/14/2020|10:29:49 AM|
OYO undergoes massive downsizing in China, while its local rivals merged amid the virus outbreak; Shanghai Disney reopened some shopping, dining and entertainment options.
Franchise hotel chain Qingzhu secures tens of millions of dollars
03/19/2020|2:28:16 PM|
The platform has over 3,000 hotels, mainly in provincial capitals, available for booking.
Chinese outbound travel firm collapses; Beijing quarantines travelers | Daily Brief
03/03/2020|6:34:07 PM|
Japanese cruise line blamed coronavirus for its bankruptcy; Thailand projected 6 million fewer visitors this year.
Alibaba-backed outbound travel agency to liquidate amid coronavirus outbreak
03/03/2020|1:28:03 PM|
The company has been facing financial troubles since the second half of 2019.
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