Search results for “occupancy”
OYO appoints CEO for its China unit
05/16/2020|10:33:18 PM|
The China market generated USD 307 million in revenue for OYO in FY2019, but also posted a net loss of USD 197 million, accounting for nearly 60% of the company's total annual loss.
OTAs vow to drop rate parity; Travel recovery to peak after September | Weekly Review
05/16/2020|10:49:34 AM|
IHG starts flagship store on Trip.com Group; 70% of OYO hotels in China are now back to business.
Travel companies tap advance purchases; Disney hints at stricter checks | Weekly Review
04/18/2020|12:58:40 PM|
Chinese travel executives look to advance purchase offerings for recovery; Carnival says China may be among the first areas to cruise again.
Travel recovery to peak after September; Airlines to return to China in June | Daily Brief
05/13/2020|12:39:42 AM|
Global airline capacity this week is up 2% to 29.8 million seats and China is leading the growth; China proposes fast-track entry for Japanese business travelers.
IHG's first-quarter RevPAR drops 65.3% in China
05/07/2020|10:57:40 PM|
Recent weeks have continued to see a moderate improvement in occupancy levels which are running in the mid-20% range, up from a trough of ~5% in mid-February.
Huazhu's net revenue rises 8.5%, same-hotel RevPAR down by 5.4%
03/27/2020|8:19:48 AM|
Huazhu is expected to close 350-450 hotels, including planned closure of 300-350 hotels and special closure of 50-100 hotels impacted by COVID-19.
ANA partners Skyscanner on direct booking; Travelzoo furloughs global workforce | Daily Brief
03/28/2020|12:28:17 AM|
Three Chinese airline partners work with KLM to support the Netherlands's virus containment; Hong Kong Disney extends ticket expiry date.
Trip.com to borrow up to $1.5B; Airbnb lowers valuation by 16% | Daily Brief
04/03/2020|11:02:25 PM|
An investment firm indirectly associated with Trip.com Group wants to privatize online classifieds marketplace 58.com; OYO's CEO will forego his salary for the rest of the year.
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