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Trip.com Group posts $157 million net loss in Q1 2022
06/28/2022|11:40:57 AM|
Staycation travel continues to serve as a major contributor to domestic recovery, with local hotel bookings up by over 20% year-over-year.
China’s reopening plans spark rally in stocks; India replaces China as Thailand’s top tourism market | Daily Brief
05/31/2022|6:26:34 AM|
Hotel giant posts bigger loss in Q1, expects revenue to drop 2%-6% in Q2; More carriers resume domestic flights from Shanghai.
Accor reports nearly 50% revenue drop in Q1 2021
04/22/2021|5:23:56 PM|
In Asia-Pacific, RevPAR fell by 54.8%, with mixed performances by region.
Tuniu appoints financial controller; Chinese airlines on track for recovery | Daily Brief
05/30/2020|2:37:22 PM|
Trip.com Group posted a 62% drop in accommodation and a 29% decrease in transportation; Global travel disruptions are the top concern for American businesses in China.
GreenTree Hospitality revenues drop 14.8% last year
04/15/2021|5:07:37 PM|
RevPAR was RMB 124 for the fourth quarter in 2020, down by 3.2% year-over-year but up by 4.1% quarter-over-quarter.
Meituan acts fast on new demand and cost cutting opportunities in Q1
06/09/2022|2:21:26 PM|
The company highlighted that the decision to support hotel companies’ digital transformation and some of the other initiatives like Hotel + X are contributing immensely at this juncture.
Universal Beijing reopens on June 15; China's business travel spending to exceed $400B in 2024 | Daily Brief
06/07/2022|10:26:04 PM|
China Southern Airlines will gradually resume passenger flights to and from Shanghai; Didi's apps will now be allowed to be listed on domestic app stores and allow new registrants.
Family-activity space provider Mini Mars secures tens of millions of yuan
02/04/2021|1:47:06 PM|
The company aims to launch more than 10 stores across the country in 2021.
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Xiaohongshu- and Trip.com-invested PMS startup Smart Order eyes global expansion

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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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