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China raises hopes for V-shaped recovery; Hong Kong Disneyland to reopen again | Daily Brief
02/18/2021|10:19:15 PM|
Cathay Pacific warns of challenging months ahead; China Duty Free Group accelerates digital focus, online-offline integration.
China’s tentative domestic bounce-back raises hopes for renewed V-shaped recovery
02/18/2021|2:03:20 PM|
Just over 8% of the Chinese-operated passenger jet fleet as having in-storage status on February 10. This compared with the global figure of over 32% of passenger jets in storage.
Travelport appoints Chua Hui Wan as Head of Agency Sales for Asia Pacific
02/17/2021|9:59:05 PM|
The role marks a return to Travelport, where she previously held leadership positions in the company’s airline and agency groups between 2005 to 2013.
Louvre Hotels chooses Sabre's hospitality solutions to boost strategic distribution
02/17/2021|5:11:20 PM|
Europe's second-largest enterprise hotel group adopts Sabre's broad portfolio of distribution and retailing solutions.
Sabre reports a net loss of $311 million for Q4
02/17/2021|10:41:11 AM|
Operating loss was USD 988 million, versus operating income of USD 363 million in 2019.
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.
Expedia reports net loss of $391 million in Q4
02/12/2021|11:41:06 AM|
Lodging revenue decreased 58% in the fourth quarter of 2020 on a 61% decrease in room nights stayed.
Trivago sees 70% drop in 2020 revenue, expects "strong recovery" in second half of 2021
02/11/2021|9:30:43 AM|
The second wave of COVID-19 infections in the fourth quarter of 2020 has materialized in most countries where the company operates.
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