Home> Funding

Sabre sees modest signs of recovery in July, August

The strongest recovery has been in hotel bookings, with gross hotel central reservation system transactions down 55% in July and 50% in August.

09/03/2020|3:24:47 PM|ChinaTravelNews

TravelSky posts 40% decrease in half-year revenue, operating loss of $56.8 million

Revenue from the aviation information technology services dropped more than 55% to USD 145 million during the first sixth months this year.

08/28/2020|8:27:02 PM|ChinaTravelNews

Chinese OTA Tuniu reports 97% drop in packaged-tour revenue

The company expects net revenues to decline 80%-90% year-over-year in Q3.

08/28/2020|7:01:56 PM|ChinaTravelNews

Fosun Tourism posts 50% drop in half-year revenue

The company launched the “Thomas Cook Lifestyle Platform” and recorded over 104,000 registered users and transaction volume of around USD 4.8 million in less than a month.

08/26/2020|5:17:05 PM|ChinaTravelNews

MakeMyTrip posts a 95% drop in revenue

The company has secured credit and guarantee facilities of USD 100 million, which includes a USD 70 million facility from MakeMyTrip's largest shareholder.

08/23/2020|12:14:24 AM|ChinaTravelNews

Meituan reports 8.9% rise in revenue, 17% decline in hotel room nights

Hotel business continued to be significantly affected by the pandemic, with the number of domestic room nights consumed in the second quarter decreasing by 17% to 78 million.

08/22/2020|11:10:23 AM|ChinaTravelNews

Trip.com Group controls nearly 49% voting rights of MakeMyTrip

The rising tension between China and India may pose a threat to business investments and partnerships between the two countries.

08/19/2020|11:51:53 PM|ChinaTravelNews

IHG's Greater China RevPAR drops 62% in half year

The Greater China area generated USD 18 million in half-year revenue for IHG, and that's only 1.4% of the UK-based hotel chain's global income in the period.

08/12/2020|5:15:34 PM|ChinaTravelNews
11 12 13 14 15 16 17 18 19 20
READ MORE

MOST POPULAR

1

Xiaohongshu- and Trip.com-invested PMS startup Smart Order eyes global expansion

2

GBTA launches global equity program to support business travel professionals in emerging markets through sponsored memberships

3

Global tourism shift: China and U.S. slow down while India rises

4

Lufthansa plans to suspend Beijing flights as German investments in China reach record high

5

Trip.com Group reports 70% rise in Q1 international OTA platform revenue

©2022 广州力矩资讯科技有限公司 粤ICP备06070077号
Tell us more about yourself!