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Amadeus profit jumps as travel sector continues recovery

Amadeus profit jumps as travel sector continues recovery

Though third-quarter adjusted profit registered a nine-fold increase year on year, it was still 32% below the same period in 2019.

11/07/2022|5:19:26 PM|Reuters
Sabre’s slow recovery gets lift from pandemic booking milestone

Sabre’s slow recovery gets lift from pandemic booking milestone

The company reported 68.8 million air bookings in the third quarter, a 59% recovery compared to 2019.

11/06/2022|9:27:08 PM|Skift
China’s duty free shops turn to online sales as international travel stays dormant

China’s duty free shops turn to online sales as international travel stays dormant

China Duty Free had 20 million subscribers to its WeChat mini program ‘CDF Membership’ last year.

10/13/2022|2:09:06 PM|Yicai Global
State-controled travel giant sees 14% drop in half-year revenue

State-controled travel giant sees 14% drop in half-year revenue

The group’s hotel operations recorded a profit of HKD 6 million, making a turnaround from loss to profit.

09/21/2022|3:35:15 AM|ChinaTravelNews
Chinese GDS giant posts 20% drop in half-year revenue

Chinese GDS giant posts 20% drop in half-year revenue

Net profit for parent company's shareholders rose to RMB 443.0 million (USD 63 million).

09/20/2022|12:21:20 AM|ChinaTravelNews
Travel spending to recover rapidly for upcoming national holidays as train tickets sale and airfares jump

Travel spending to recover rapidly for upcoming national holidays as train tickets sale and airfares jump

Tickets to some scenic spots are back to full price.

09/19/2022|4:17:59 PM|Global Times
More overseas visitors allowed to enter Macau from Sept 1

More overseas visitors allowed to enter Macau from Sept 1

People arriving from overseas would still need to do a seven-day quarantine at a dedicated venue before being allowed into the community.

09/01/2022|1:33:20 PM|GGR Asia
CDFG wins bid to operate Chengdu Shuangliu International duty free stores in JV with airport company

CDFG wins bid to operate Chengdu Shuangliu International duty free stores in JV with airport company

CDFG plans to support the coordinated development of Chengdu’s ‘Shuangliu + Tianfu’ strategy.

08/25/2022|2:24:49 PM|Moodie Davitt Report
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