Search results for “layoff”
International hotel performance drops in China: Is business travel to blame?
08/23/2024|12:18:16 PM|
Business demand accounts for approximately 60% of hotel stays, while leisure demand makes up the remaining 40%.
Hong Kong scraps mandatory quarantine; Shangri-La CEO steps down | Weekly Review
09/25/2022|5:18:10 PM|
Universal Studios Beijing cuts staff by 25% in a year; Tencent denies report it will sell down Didi, Meituan stakes.
China ramping up border travel regulations; Shangri-La CEO steps down | Daily Brief
09/22/2022|5:08:14 AM|
Tencent denies report it will sell down Didi, Meituan stakes; Universal Studios Beijing cuts staff by 25% in a year.
Volkswagen Group China unveils passenger drone; Beijing resumes some international flights | Daily Brief
07/28/2022|10:16:03 PM|
Didi’s car-sharing arm reportedly goes bankrupt; Trip.com announces partnership with Hylink Digital.
Disney selects DerbySoft as ticket vendor; Chinese carriers to increase international flights | Daily Brief
05/27/2022|10:16:33 PM|
Chinese mainland airlines to obtain government subsidies to overcome operational difficulty; Singapore’s air travel is rebounding despite China’s border restrictions.
OTA denies mass layoffs; Klook lets go of hundreds | Daily Brief
04/21/2020|11:04:52 PM|
Tongcheng Group will merge Hongtu Airlines, Tongcheng International Travel Service and Tongcheng Travel into a new company called Tongcheng Aviation & Travel; China's airline market could see further consolidation.
China offers airlines subsidies; Finnair considers layoffs | Daily Brief
03/05/2020|10:15:56 PM|
The head of the US Chamber of Commerce said the government will not need to bail out US airlines; Bookings from China to Canadian province declined 70% between March and October.
Marriott sees $25M impact; Expedia global layoffs cost up to $130M | Daily Brief
02/27/2020|10:01:43 AM|
Expedia has kicked off its global lay-off this week in Hong Kong and Singapore; Sabre said the outbreak could cost a USD 100-150 million loss in first-quarter revenue.
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