Huazhu Group Q1 2020 Results, Finally! No Surprises in Q1 but Q2 Looks Unexciting
After the close of the US session on Tuesday June 30 Huazhu Group (HTHT US) finally reported Q1 2020 earnings results, a full five weeks later than...
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Global Equity Strategy: Still Bullish, But Extended Near-Term
Global equities continue to trend higher following breakouts that have occurred during the past two weeks. Over this timeframe we have been...
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Why China’s Domestic Travel Industry Can Prove the Bears Wrong
While international travel demand remains weak due to lockdowns and uneven recovery trajectories across countries, Trip.com's latest earnings point...
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Trip.com Q120 Results Weak as Expected, Q220 Guidance Far Worse than Expected
Trip.com (TCOM US), China's largest online travel agency (OTA), reported weak Q120 results after the US close on Thursday, May 28. Net revenue fell...
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TCEL 1Q20: EBITDA Positive Despite Disruptions; Domestic Travel Likely Past the Worst
We maintain our overweight rating on Tongcheng-Elong given its strategic positioning in China lower-tier cities and dynamic cost structure. Despite...
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