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Expedia posts a net loss of $581 million in Q1, with leisure travel leading the recovery

For the first quarter of 2021, total gross bookings decreased 14%, with lodging bookings experiencing year-over-year growth in the first quarter.

05/07/2021|8:49:11 AM|ChinaTravelNews

Booking reports a net loss of $55 million but a 62% increase in air tickets

Total revenues for the quarter dropped by 50% year-on-year.

05/06/2021|8:19:58 AM|Booking

Hilton reports 54.5% revenue decrease in Q1, sees occupancy rise only in Asia

The RevPAR in Asia was USD 42.7, down by 6.6% year-on-year.

05/05/2021|11:07:21 PM|ChinaTravelNews

Sabre reports a net loss of $266 million for Q1, and will not give guidance at this time

Sabre’s first quarter revenue decreased by 50%, and global bookings were down by 55%.

05/05/2021|5:13:20 PM|Sabre

Accor reports nearly 50% revenue drop in Q1 2021

In Asia-Pacific, RevPAR fell by 54.8%, with mixed performances by region.

04/22/2021|5:23:56 PM|ChinaTravelNews

Travelport+: a next-generation platform for a new era of travel

The platform is designed to accelerate industry innovation in multi-source content distribution, travel retailing and value generation.

04/15/2021|4:21:21 PM|Travelport

Los Angeles Tourism invites visitors to #Startyourcomeback, partners with Cercle for a livestream set

The “magic hour” timed show happens March 22 and will be available worldwide on Facebook Live and Twitch.

03/19/2021|9:51:23 AM|Los Angeles Tourism & Convention Board

Amadeus revenue contracted by 61.0% in 2020

Travel agency air bookings fell by 81.5%.

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