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US regulator triggered by HNA revamp; OYO’s Chinese rivals merge | Daily Brief
03/12/2020|12:11:00 AM|
Cathay Pacific expects "substantial" loss in the first half of the year; Tokyo Disney extended shutdown to April.
China limits cross-border flights, halts entry by foreigner visa & residence permit | Daily Brief
03/27/2020|12:58:59 AM|
Weekly flights will be downsized to around 130, reducing the number of China's inbound airline passengers from 25,000 to around 5,000 per day.
Forward bookings for China domestic air travel show dramatic rebound
03/23/2020|12:08:13 PM|
Weekly bookings for April flights rose by 77% and for June flights jumped 250% week on week, during the week of February 27 to March 5.
OTA giant sees revenue falling by half; Foreign arrivals to Japan plunge 58% | Daily Brief
03/19/2020|10:52:49 PM|
Trip.com Group expects net revenue to decrease by 45%-50% in the first quarter; Four-fifths of flight capacity between China and the rest of the world has been cut back.
Beijing quarantines inbound travelers; airlines face bankruptcy | Daily Brief
03/18/2020|12:45:03 AM|
Chinese airlines including Air China and China Southern are to reduce international flights in response to the coronavirus pandemic; CAPA said most global airlines will be bankrupt by the end of May.
Asia is restricting visitors; Agoda offers long-term stays | Daily Brief
03/16/2020|11:21:21 PM|
Trip.com Group-backed hotel firm reported virus impact of RMB 20.77 million in 38 days; Scandinavian airline SAS will temporarily lay off 10,000 employees, or 90% of its workforce.
State-owned bank bails out OTA; airlines to see first traffic drop in a decade | Daily Brief
02/21/2020|11:21:10 PM|
The Industrial and Commercial Bank of China will provide a USD 86.7 million loan to online travel giant Trip.com Group; RevPAR of Hyatt hotels declined 90% last month in China.
Expedia suspends travel listings from mainland China amid coronavirus outbreak
02/20/2020|9:53:35 PM|
Expedia has informed its suppliers via email that it will suspend the sale of all mainland China-based products, ground transportation and tours.
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