Search results for “sharing economy”
Accor further offloads 1.5% stake in Huazhu Group
02/20/2021|11:40:07 AM|
After this transaction, Accor still owns a 3.3% stake in Huazhu and continues to be represented at the Group’s Board of Directors.
Global theme park brands accelerate expansion; China plans "1-2-3 Travel Circle" | Daily Brief
03/15/2021|11:28:56 PM|
TravelSky projects annual net profit of more than $60 million; China to ease domestic travel restrictions, allowing train travel without COVID-19 test report.
Trip.com Group’s Q3 accommodation revenue rose by 98% over Q2
12/04/2020|10:52:34 AM|
The domestic hotel market is leading the overall recovery, uplifting the entire travel sector in China. Trip.com Group’s accommodation revenue in Q3 was USD 365 million, a 98% increase from the previous quarter.
Wyndham reports a 40% revenue decline, but Greater China RevPAR performs far better than other regions
02/12/2021|11:56:55 PM|
System-wide rooms declined 4% year-over-year.
Ocean Park seeks HK$2.8 billion to survive; Travel agencies beef up local tours | Daily Brief
01/19/2021|10:54:05 PM|
Greater China leads Marriott's global recovery; India reopens Ladakh lake bordering China for tourism.
New York investment firm acquires 6.64% stake in Trip.com Group
02/03/2021|3:34:39 PM|
As of February 3, the online travel company was worth USD 18.98 billion.
Alibaba sells 3 million high-end hotel room nights; American Airlines back to China | Daily Brief
11/13/2020|4:00:05 AM|
China says it faces rising risks from imported cases, "not right time" for travel bubbles; Boeing expects China’s airlines to acquire 8,600 new airplanes valued at USD 1.4 trillion in 20 years.
Klook secures $200 million funding; Cathay Pacific warns of higher cash burn | Daily Brief
01/26/2021|10:16:46 PM|
China offers flight refunds to curb travel; Homestay industry on track to recovery.
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