Search results for “Financial Results”
Trip.com posts 64% revenue drop, sees full recovery in domestic flights, hotels bookings
09/25/2020|6:54:07 AM|
The company records a strong recovery of China domestic businesses, offset by a steep decline of international businesses.
Meituan reports 43.2% rise in in-store, hotel & travel businesses revenue in Q1
05/23/2019|5:22:19 PM|
GTV of the in-store, hotel & travel businesses grew by 15.1% to RMB46.4 billion in the three months ended March 31, 2019.
IHG partners with Ant Group; Shiji to sell US-based hotel software firm | Weekly Review
09/06/2020|4:18:52 PM|
Thailand partners with Alipay, Fliggy to lure Chinese travelers; Meituan reports the world’s highest hotel room nights for a quarter.
Unlimited passes are fine, but airlines must focus on passenger confidence
08/19/2020|5:58:40 PM|
Sales initiatives like unlimited flight passes can pave way for a decent sized cash-flow injection in the short-term. In addition to exploring more options for revenue generation, there is also a need to focus on other aspects to boost the passenger confidence.
US, China double flights; OTA partners with e-commerce giant | Weekly Review
08/23/2020|12:51:29 AM|
Meituan sees 17% decline in hotel room nights in Q2; Contactless travel starts at Beijing airport.
China issues $1.87 billion special bonds to support major tourism projects
05/12/2020|9:56:50 AM|
As of the end of March, 23 local governments in the nation had issued special bonds, raising a total of RMB 13.259 billion (USD 1.87 billion) in support of the cultural and tourism sectors.
OTA expects domestic full recovery; Marriott sees occupancy returning | Weekly Review
07/26/2020|11:42:47 AM|
China's home-sharing market recorded a 72.1% drop in January-May; More foreign carriers resume flight service to Shanghai.
Trip.com Group net revenue drops 42% in Q1, accommodation down by 62%
05/29/2020|6:49:31 AM|
The company expects net revenue to decrease by 67% to 77% year-over-year for the second quarter.
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