These weren’t recovery programs, per se, but were part of cancellation refunds paid to consumers or property owners.
Suspended search function shouldn’t be read as a sign hotel companies can’t compete against OTAs.
China issued an alert warning citizens not to travel to Australia; HNA's Swissport said Belgium unit to file for bankruptcy.
You cannot predict the future. Full stop.
The fresh investment provides Travelport with the liquidity it needs to manage the sharp downturn in revenue related to a devastated travel industry due to the coronavirus pandemic.
Yatra said it is seeking damages against Ebix for breaching terms of their merger agreement.
Airbnb's prospects are likely brighter in the longer term.
E-commerce platform Pinduoduo added flight booking service; Fliggy, Meituan and Trip.com build membership programs for independent hotels.
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