US rejects adding more Chinese flights; Greater China leads Hyatt's recovery | Daily Brief
08/05/2020|1:13:10 AM|ChinaTravelNews

Washington rejects request for Chinese airlines to run more flights 

>> The United States has turned down a request by China-based airlines to increase the number of flights between the two countries on the grounds that Beijing refuses to allow American flights to the capital, Caixin has learned. Washington wanted Beijing to drop its restrictions on international flights to the country once and for all, but the Chinese side was reluctant to comply.

Asia’s coronavirus-battered hotel industry poised for a rally

>> In the first half of this year, the hospitality industry had the rug pulled out from under it as Covid-19 spread like wildfire across the globe. Hotel investment in Asia plunged 45%, on a par with the drop in sales of retail properties. Asia’s hotel sector – which relies heavily on international tourism and has a thriving meetings, incentives, conferences and exhibitions market – was shaken as lockdowns and travel restrictions were imposed. While hotels are viewed as a more volatile asset class by investors, tourism is likely to rebound quickly once travel restrictions are lifted.

China tourism leans on cross-province group tours

>> A three-night luxury private group tour of Qingdao, a seaside city in Shandong province ideal for summer vacation because of its Tsingtao Beer, fresh seafood and clean reputation, sold out on Ctrip in 10 seconds, following government announcement on the evening of July 14 that cross-province group travel could resume as of July 30. It’s mind-boggling that a group could be assembled in just 10 seconds, but pent-up demand creates the implausible and this is another confirmation of how bottled up Chinese are about travel.

Greater China continues to lead Hyatt Hotels' recovery

>> Hyatt Hotels Corporation posted a steep 80% decline in total revenue to USD 250 million in the second quarter this year. Net income (loss) decreased 376.0% to a net loss of USD 236 million. The company's RevPAR in Greater China has shown continued improvement since May, with preliminary estimates indicating occupancy reaching 57% at the end of July. Greater China, where the impacts of the COVID-19 pandemic were first reported, continues to lead the recovery.

Indonesia to set up travel corridors with China, UAE

>> Indonesia is aiming to set up travel corridors with China and the United Arab Emirates (UAE) to help recover business activities which are seriously affected by the COVID-19 pandemic. In addition to China and the UAE, Indonesia is negotiating to sign travel link agreements with the Republic of Korea and the entire Southeast Asian region.

Guangzhou Becomes An A380 Hub As Emirates Resumes Services

>> Guangzhou is set to see operations from two Airbus A380 operators, as Emirates confirms that it will resume flying the giant of the skies to the Chinese city. The route will become the UAE airline’s fifth Airbus A380 route later this week. Throughout the current situation, Chinese airline China Southern continued flying its Airbus A380s between Guangzhou and London Heathrow.

China's ARJ21 airplane advances in commercial services

>> The China-developed ARJ21 regional jetliner has achieved continuous progress in commercial operations, according to developer the Commercial Aircraft Corporation of China (COMAC). The ARJ21 was put into commercial service in June 2016 by Chengdu Airlines. To date, COMAC has delivered 33 ARJ21 planes. They are serving routes linking 56 cities.