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Airbnb’s path to 2020 stock listing imperiled by coronavirus

Airbnb’s path to 2020 stock listing imperiled by coronavirus

Some investors are concerned that the virus will dent Airbnb’s results in the first half of 2020 and may also bleed into the third quarter.

03/04/2020|9:52:52 AM|Bloomberg
Alibaba-backed outbound travel agency to liquidate amid coronavirus outbreak

Alibaba-backed outbound travel agency to liquidate amid coronavirus outbreak

The company has been facing financial troubles since the second half of 2019.

03/03/2020|1:28:03 PM|ChinaTravelNews
Corporate travel to take a $560B hit; searches for flights up 138% | Daily Brief

Corporate travel to take a $560B hit; searches for flights up 138% | Daily Brief

China allocated USD 814 million to support project construction in the cultural tourism industry; Singapore Airlines is cutting pay for management staff.

03/02/2020|4:49:38 PM|ChinaTravelNews
Swiss startup Viselio lands $3.1 million in funding

Swiss startup Viselio lands $3.1 million in funding

Viselio has expanded to seven European markets and now offers visa procurement for 83 countries.

03/02/2020|2:43:44 PM|PhocusWire
Oaky raises $9.5 million in Series A funding

Oaky raises $9.5 million in Series A funding

Oaky works with around 1,500 hotels across 90 countries around the globe, including Mercure, Le Plaza Brussels and Radisson.

03/02/2020|2:06:11 PM|HotelTechReport
Expedia starts global lay-offs in Hong Kong and Singapore

Expedia starts global lay-offs in Hong Kong and Singapore

The global redundancies may cost between USD135 million and USD185 million in total pre-tax charges.

02/28/2020|4:22:18 PM|SCMP
U.S. airlines, hotels extend rebooking options as coronavirus spreads

U.S. airlines, hotels extend rebooking options as coronavirus spreads

Delta said reservations through March 2 on flights to Bologna, Milan and Venice are eligible for rescheduling.

02/28/2020|3:53:47 PM|Reuters
Hyatt on travel’s trendiest buzzword: ‘experiences’

Hyatt on travel’s trendiest buzzword: ‘experiences’

The experiences sector to remain fragmented is good for providers.

02/27/2020|6:39:41 PM|Fortune
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