Search results for “pandemic”
China hotels show slight lift during Lunar New Year holiday
03/02/2021|3:40:53 PM|
Daily occupancy in the market sat in the 30% range for most of the festival period Feb 11-17 then rose to as high as 37.6% on Feb 20.
Tencent, Trip.com invest in new firm; Travel to rebound in second half | Daily Brief
03/01/2021|9:26:17 PM|
Barceló Hotel Group partners with Plateno, Betterwood to expand in China; China’s economic recovery slows amid holiday disruptions.
Chinese New Year travel was 69.3% down
03/01/2021|9:03:37 PM|
Decline was arrested by last-minute flight bookings and outlook is encouraging.
China hotel trends report: Hoteliers express stronger confidence for Q1
02/03/2021|2:42:45 PM|
12% of respondents expected hotel average occupancy rate to surpass 2019 level.
Club Med owner Fosun Tourism expects annual loss of up to $410 million
02/03/2021|5:40:44 AM|
Club Med resorts had 57% less business in 2020 than that in 2019.
Alibaba Fliggy works with Amadeus; OYO China CEO to lead international units | Daily Brief
02/01/2021|10:55:37 PM|
China suspends most foreign nationals traveling from Canada; Chinese airlines among alleged victims of $10 billion embezzlement.
Ocean Link raises $580m fund; China buoys Lagardère in a tough year | Daily Brief
02/27/2021|12:13:10 AM|
Epidemic response helps planes get back in skies; Spring Festival holiday tourism income recovers to 58.6% of pre-virus level.
Airbnb reports 22% revenue decline in Q4, “outperforming hotel groups and OTAs”
02/26/2021|8:27:26 AM|
The recovery in Asia Pacific continues to take time.
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