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Booking sells $106M Trip.com stake; United may resume China flights | Daily Brief

04/07/2020|11:35:20 PM|

The world's largest online travel group cut the stake in its Chinese counterpart by over 3 percentage points; Accor and Alibaba extend their strategic partnership.

Hotel recovery led by midscale & economy; Global aviation loss to rise to $2T | Daily Brief

04/11/2020|6:28:44 AM|

Shanghai Airport stock slumps below target by the widest margin in 13 years; China's theme parks re-open with strict rules to prevent further outbreak of the virus.

OTA expects up to 75% revenue drop; Authority buys tickets to help airlines | Daily Brief

04/10/2020|12:27:48 AM|

Hong Kong will buy 500,000 flight tickets from the city’s airlines as part of a stimulus; China's domestic travelers decreased 61.4% during a three-day holiday.

Corporate travel to take a $560B hit; searches for flights up 138% | Daily Brief

03/02/2020|4:49:38 PM|

China allocated USD 814 million to support project construction in the cultural tourism industry; Singapore Airlines is cutting pay for management staff.

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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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