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Global OTA fires China director; OYO cuts 60% of China staff | Daily Brief

Airbnb’s plan for public listing this year is at risk of slipping into 2021; China's ski industry may lose USD 1.1 billion.

03/04/2020|11:17:56 PM|ChinaTravelNews

Corporate travel to take a $560B hit; searches for flights up 138% | Daily Brief

China allocated USD 814 million to support project construction in the cultural tourism industry; Singapore Airlines is cutting pay for management staff.

03/02/2020|4:49:38 PM|ChinaTravelNews

ITB Berlin canceled; indebted airline group seeks help | Weekly Review

The ITB Berlin 2020 is officially canceled; Expedia starts global lay-offs this week in Asia offices.

02/29/2020|6:06:54 PM|ChinaTravelNews

Tokyo Disneyland to close; Coronavirus could end global travel boom | Daily Brief

All of Disney’s theme parks in Asia are now temporarily shut; Alaska Tourism officials see an opportunity in Asia travel bans.

02/29/2020|1:39:19 AM|ChinaTravelNews

China curbs overseas arrivals; OYO falls short in Japan | Daily Brief

Some Chinese cities have begun to restrict arrivals from overseas, signaling that the epidemic’s momentum has shifted outside of China.

02/26/2020|10:26:24 AM|ChinaTravelNews

Beijing warns against US travel; France sees 30%-40% less visitors | Daily Brief

Juneyao Airlines will be indefinitely postponing the launch of new European routes; AI tech firm raised $42 million in funding.

02/24/2020|8:56:36 PM|ChinaTravelNews

State-owned bank bails out OTA; airlines to see first traffic drop in a decade | Daily Brief

The Industrial and Commercial Bank of China will provide a USD 86.7 million loan to online travel giant Trip.com Group; RevPAR of Hyatt hotels declined 90% last month in China.

02/21/2020|11:21:10 PM|ChinaTravelNews

Virus makes Olympics difficult; Air France sees €200M impact | Daily Brief

Air France-KLM warned of a €150-million to €200-million hit to earnings by April; Asia Pacific airlines could lose $27.8 billion due to outbreak.

02/21/2020|12:54:32 AM|ChinaTravelNews
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