These hotels have collectively provided 200,000 nights of free stays for healthcare workers, valued in total at more than $2.83 million.
Finnair plans a joint venture with China’s Juneyao Air; Marriott's RevPAR drops 83% in Greater China in March.
The world's largest hotel group expects its global RevPAR to decline by 23% in the first quarter.
New York-listed Chinese hotel firm expects revenue to decline by 30%-35% in Q1; Tourist attractions are only allowed to run up to 30% of full capacity.
Due to the impact of COVID-19, the company may record a decline in total revenues of 10%-15% for the full year 2020.
The current Shanghai 21st Century Hotel will open under its new brand affiliation on May 16.
Accor will add a total of 20,000 rooms this year, with two new hotel openings in Japan and a staggering 94 new hotels in China.
Advance purchases may not be just a provisional measure during epidemic but a regular project that will stay.
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