Airlines and major hotel chains are waiving cancellation fees, but recouping all the costs associated with trips canceled due to coronavirus fears is far from guaranteed.
Part of the funds was used for repayment of the outstanding balance of approximately USD 502 million.
The state-of-the-art boat will be among the first to make use of China's new $31 billion hydroelectric dam.
Costa Cruises is the biggest player in China as the Venezia sails alongside the Serena and Atlantica.
China is the world's second largest cruise market by passenger volume and about 63 percent of the Chinese cruise market comes from Shanghai.
The Global Class ships have been designed for the fast-growing Asian cruise market, which will see the largest increase in the number of middle-income households in the world over the next decade.
The 1,700-square meter tax-free store will be opened during the second China International Import Expo in November.
China's annual growth for the cruise tourism market has exceeded 40 percent since 2006.
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