Around 90% of staff at Cathay Pacific agreed to take unpaid leave in a second round of cost-saving measures; Chinese hotel chain Huazhu recorded a 15.7% drop in Q1 net revenue.
Huazhu expects net revenues to decline 32% to 34% year-over-year in the second quarter of 2020, or 35% to 37% if excluding the addition of Deutsche Hospitality.
Travel Canada said Canadians should also “exercise a high degree of caution” in Hong Kong.
Overall, there are over 20 leasing companies from China.
About 35 per cent of Chinese travellers think that Bali is a safer holiday destination than other places during the present situation.
Disney is to cut a significant number of jobs in Hong Kong over the coming months; Trip.com Group to sell trips to South Korea in live streaming show.
The amount of transactions per single episode averages USD5.65 million.
Mainland China’s average hotel occupancy bottomed at 7 percent in early February but rebounded to as high as 52 percent the week of June 13.
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