Expedia is withdrawing its adjusted EBITDA guidance due to growing virus impact; Global hotel transaction volumes in 2019 reached USD 66 billion last year.
Trip.com will expand coverage of the initiative to individuals directly and unavoidably affected by the outbreak for bookings made before 23 February, for use before 31 March.
Airbnb's bottom line turned red in 2019 because it hiked marketing spend in preparation of a public debut this year.
Asia Pacific hotel transaction volume increased 44% yoy to USD 12.7 billion in 2019, exceeding previous projections of a 25-30% increase.
The airline has reduced capacity across its network by 65 per cent in March and April.
Mox will offer a comprehensive suite of retail financial services, as well as unique telecom, entertainment and travel products.
Airbnb could face a bill of up to €200 million after a court ruled it was not entitled to claim booking fees from its Dutch customers; Traffic at European airports could fall by 187 million.
China's aviation regulator said that the drop has caused a £2.35 billion fall in revenue.
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