A full industry recovery will take time and uncertainty remains regarding the potential for further improvement in the short term.
The ten "7 Days Premium" hotels that Louvre Hotels Group acquired were in two- and three-star segments.
Advent and Alibaba have agreed to a lock-up period of six months following the first day of trading of the new shares set for Oct. 22.
SilverRail will continue to supply Expedia Group’s business travel unit Egencia with rail options globally.
Airlines posted combined losses of almost USD 4 billion in the first half and the recovery won’t be enough to put them into the black by year-end.
The USD 550 million Shanghai Legoland resort will be jointly developed by Shanghai's Jinshan district government, Merlin Entertainments, CMC Inc, and Kirkbi.
Aladdin Airlines will accelerate the digitalization of Xiamen International Airport and combine traditional airport services with community-based economics.
Dufry’s existing Chinese travel retail business will form part of the joint venture company, alongside Alibaba’s digital capabilities and Chinese network.
