Hong Kong Disneyland reports seventh straight year of losses; Hotel giant Huazhu reports 25.4% revenue rise for 2021.
2021 was another challenging year due to COVID-19, especially in the second half.
The restructuring by the OTA is a direct response to the demand for short-haul and local trips in China.
The resort is scheduled to re-open on April 21.
The airline cancelled about 89% of its flights on Tuesday.
Only five of the 34 flights from Beijing to Shanghai’s domestic hub were scheduled to operate.
Chinese regulators ask some US-listed firms to prepare for audit disclosures; Club Med owner reports 31% rise in 2021 revenue.
Revenue increased 27% last year.
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