The Israel-based company is establishing its APAC headquarters in Hong Kong as a gateway to APAC and China.
Marriott believes the activity started in mid-January and continued until the company discovered the breach at the end of February.
Airbnb will suspend all marketing activities in a move which will save USD 800 million a year; China saw a huge uptick in flight searches.
Airbnb will pay hosts $250 million to partially cover the cost of coronavirus cancellations.
Overnight visitors, who used to account for over half of the total before 2012, now constituted about three-fifths of arrivals.
Landlords usually receive payment one working day after a tenant moves in, but Airbnb will pay half of the amount due in advance.
State bank ICBC provides USD 14.5 billion in financing to cultural and tourism firms in Beijing; TravelSky processed 1,071.9 million transactions and 432.8 million BSP tickets last year.
Jin Jiang Hotels recently entered into the buyout agreement of guest rooms and related services with Jin Jiang International.
ChinaTravelNews is a wholly owned subsidiary of
©2020 TravelDaily Inc.