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HotelPlanner says bookings in Asia could fall up to 80% due to coronavirus

03/04/2020| 5:48:56 PM|

HotelPlanner’s bookings in Europe are down 20% this year, while business in the United States was still holding strong.

Group booking site HotelPlanner.com, which has seen bookings in Asia fall 60% so far this year due to the coronavirus outbreak, could see a further 20% fall in business, a top executive and co-owner of the website said on Monday.

HotelPlanner provides group booking tools for companies such as Expedia Group Inc and gets about 20% of revenue from Asia.

“Business to China has essentially stopped,” Bruce Rosenberg, President of the Americas for HotelPlanner, told Reuters, adding that business in Asia was still trending down due to the epidemic, which has killed over 3,000 people and wrecked havoc on the global travel industry.

Dozens of airlines have suspended flights to China and hotels have seen reservations plunge as governments and corporations continue to tighten travel restrictions.

HotelPlanner’s bookings in Europe are down 20% this year, while Rosenberg said business in the United States was still holding strong.

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TAGS: HotelPlanner | group booking
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