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Amadeus revenue contracted by 61.0% in 2020

Travel agency air bookings fell by 81.5%.

02/28/2021|9:54:15 AM|ChinaTravelNews

Accor further offloads 1.5% stake in Huazhu Group

After this transaction, Accor still owns a 3.3% stake in Huazhu and continues to be represented at the Group’s Board of Directors.

02/20/2021|11:40:07 AM|ChinaTravelNews

Trivago sees 70% drop in 2020 revenue, expects "strong recovery" in second half of 2021

The second wave of COVID-19 infections in the fourth quarter of 2020 has materialized in most countries where the company operates.

02/11/2021|9:30:43 AM|ChinaTravelNews

Tuniu appoints Caissa Tourism and Trip.com Group executives as Board directors

The appointment of Mr. Liu is in connection with the closing of transactions between subsidiaries of both JD.com, Inc. and Caissa Sega Tourism last year.

02/10/2021|9:30:41 AM|ChinaTravelNews

Family-activity space provider Mini Mars secures tens of millions of yuan

The company aims to launch more than 10 stores across the country in 2021.

02/04/2021|1:47:06 PM|ChinaTravelNews

New York investment firm acquires 6.64% stake in Trip.com Group

As of February 3, the online travel company was worth USD 18.98 billion.

02/03/2021|3:34:39 PM|ChinaTravelNews

Upscale hospitality group New Century projects 80%-90% less profit

In the second half of 2020, the hotel chain's occupancy rate and RevPAR were significantly improved.

02/03/2021|6:03:23 AM|ChinaTravelNews

Club Med owner Fosun Tourism expects annual loss of up to $410 million

Club Med resorts had 57% less business in 2020 than that in 2019.

02/03/2021|5:40:44 AM|ChinaTravelNews
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