The company has been facing financial troubles since the second half of 2019.
China allocated USD 814 million to support project construction in the cultural tourism industry; Singapore Airlines is cutting pay for management staff.
Viselio has expanded to seven European markets and now offers visa procurement for 83 countries.
Oaky works with around 1,500 hotels across 90 countries around the globe, including Mercure, Le Plaza Brussels and Radisson.
The global redundancies may cost between USD135 million and USD185 million in total pre-tax charges.
Delta said reservations through March 2 on flights to Bologna, Milan and Venice are eligible for rescheduling.
The experiences sector to remain fragmented is good for providers.
Expedia has kicked off its global lay-off this week in Hong Kong and Singapore; Sabre said the outbreak could cost a USD 100-150 million loss in first-quarter revenue.
ChinaTravelNews is a wholly owned subsidiary of
©2020 TravelDaily Inc.