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Kayak and OpenTable layoffs and furloughs impact 400 employees
04/30/2020|6:10:09 PM|
Booking reported its first job cuts, accounting for around 1.5% of its global workforce.
Shanghai Disney testing parade for reopening; Klook furloughs hundreds | Weekly Review
04/25/2020|6:12:10 PM|
Parent of Chinese OTA Tongcheng-Elong denied speculation about mass layoffs; A study finds COVID-19 will dent China's total tourism income by a third this year.
OTA denies mass layoffs; Klook lets go of hundreds | Daily Brief
04/21/2020|11:04:52 PM|
Tongcheng Group will merge Hongtu Airlines, Tongcheng International Travel Service and Tongcheng Travel into a new company called Tongcheng Aviation & Travel; China's airline market could see further consolidation.
Chinese OTA denies mass layoffs as it merges airline, travel agency units
04/21/2020|5:03:15 PM|
An insider at Tongcheng said the firm’s consolidation would involve some staff restructuring, but no mass redundancies.
Booking Holdings applies for European relief with substantial layoffs possible
04/17/2020|4:47:22 PM|
Expedia Group chairman Barry Diller said the recovery in the travel industry would probably happen in September and later.
Hotel recovery led by midscale & economy; Global aviation loss to rise to $2T | Daily Brief
04/11/2020|6:28:44 AM|
Shanghai Airport stock slumps below target by the widest margin in 13 years; China's theme parks re-open with strict rules to prevent further outbreak of the virus.
BA and Marriott get GDPR fine reprieve
04/09/2020|6:41:47 PM|
The hundreds of millions in penalty payments could drive additional layoffs at BA and Marriott, that will not benefit anyone.
CFIUS triggered by HNA Group’s management change
03/11/2020|11:06:21 PM|
Changes of ownership or control can trigger jurisdiction of the Committee on Foreign Investment in the U.S. (CFIUS) with respect to U.S. entities.
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