Recent weeks have continued to see a moderate improvement in occupancy levels which are running in the mid-20% range, up from a trough of ~5% in mid-February.
As of the end of 2019, the company had 154,600 hotel rooms in the Greater China region, but that only contributed 3% of Wyndham's royalties in the year.
Huazhu Group scheduled to issue a shareholder loan of EUR 20 million to Deutsche Hospitality with a term of 12 months.
TUI China focuses on short-haul outdoor trips; Around 74.29% of the Chinese hotels and inns have ceased operation during COVID-19.
Spring Airlines will open 47 domestic routes to meet increasing travel demand; Shanghai tourist attractions require reservations for holiday.
Operating revenue beyond mainland China were RMB 424 million, or 11.58% of total revenue, up by 69.11%.
The key factor for travelers is to be safe and supported.
TUI China kicks off curated short-haul holidays; South Korea has agreed with China to start facilitating some business travel between the two.
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