Search results for “Q1”
Creditors filed petition for HNA bankruptcy; Sands to invest $10 billion in Macau | Daily Brief
01/29/2021|11:45:51 PM|
Chinese travel companies raise $5.6 billion last year; China rejects BN(O) passport as travel document.
Annual travel-funding report: Chinese companies raise $5.6 billion, down 70%
01/29/2021|10:47:31 AM|
Quality services such as custom trips and outbound travel were among the most attractive targets for investors.
Sabre’ travel network revenue rose 7.3% to $774.0 million in Q1
05/01/2019|8:02:31 AM|
Operating income dropped 33.2%, driven by the increased technology operating expenses.
Meituan bounces back in Q3, witnesses peak daily GTV across main businesses
12/03/2020|7:24:08 PM|
Medicines, flowers, late-night snacks… Meituan chose to look at existing resources for going deeper into consumers’ lives. The company's hotel bookings shot up in Q3 as demand for hotels “entirely shifted inward domestically”.
Huazhu Group gears up for expansion in lower-tier cities
12/09/2020|11:31:23 AM|
The Chinese multi-brand hotel group mentioned that tier-3 and below cities accounted for 50% of the total pipeline at the end of October. The plan is to establish both middle-scale and economy brands in these places.
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.
Meituan to weigh second listing; American Airlines returns to Shanghai | Daily Brief
11/03/2020|11:57:50 PM|
China Southern Airlines suspends transfers from 21 countries to China via a third country; Chinese shoppers to buy foreign products online due to travel restrictions.
Major APAC tourist destinations recovery to pre-pandemic levels may take time
11/03/2020|2:19:25 PM|
International tourist arrivals in the APAC region declined by more than 75% in the first eight months of 2020.
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GBTA launches global equity program to support business travel professionals in emerging markets through sponsored memberships

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Global tourism shift: China and U.S. slow down while India rises

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Lufthansa plans to suspend Beijing flights as German investments in China reach record high

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Trip.com Group reports 70% rise in Q1 international OTA platform revenue

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China, Japan and South Korea target 40 million tourist exchanges by 2030

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