Search results for “travel income”
China further opens up aviation; Asian nations mull broader travel bubbles | Daily Brief
06/11/2020|10:45:13 PM|
Thailand said countries including China and Japan are interested in travel bubbles; China decided to introduce the Seventh Freedom of the Air in southern province Hainan.
OTA titan buys into more startups; US-China aviation evolves | Weekly Review
06/06/2020|10:39:59 PM|
E-commerce platform Pinduoduo added flight booking service; Fliggy, Meituan and Trip.com build membership programs for independent hotels.
Flights from China to US drop 95%; Singapore has only 18 Chinese visitors in May | Daily Brief
06/05/2020|11:02:14 PM|
US plans to revise previously-announced ban on Chinese passenger flights; Chengdu airport became the world’s busiest last month.
Trip.com Group net revenue drops 42% in Q1, accommodation down by 62%
05/29/2020|6:49:31 AM|
The company expects net revenue to decrease by 67% to 77% year-over-year for the second quarter.
Hotel firm GreenTree expects a 30%-35% drop in Q1 revenue
04/14/2020|9:35:51 PM|
Due to the impact of COVID-19, the company may record a decline in total revenues of 10%-15% for the full year 2020.
Hotel conglomerate Jin Jiang consolidates China units
05/26/2020|12:04:03 AM|
Jin Jiang has accelerated its international expansion through mergers and acquisitions since 2015, acquiring Louvre Group, Plateno Group, Vienna Hotels Group and Radisson Hotels.
Investors offload stakes in Chinese OTA; Global hotel chains recover in China | Weekly Review
05/09/2020|11:15:38 PM|
Booking loses $130 million in the sale of its Trip.com Group stake; Shanghai Disney theme park will reopen on May 11.
Booking Holdings loses over $100 million in Trip.com equity sales
05/08/2020|7:39:44 AM|
The company reported a net loss of USD 699 million in the first quarter.
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