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Infected cases found on cruise ships, 25,000 flights canceled - Virus Updates
02/04/2020|12:43:15 AM|
More than 25,000 flights to, from and within China will be canceled this week; online travel stocks fell as more countries limit travel to and from China.
Marriott sees $25M impact; Expedia global layoffs cost up to $130M | Daily Brief
02/27/2020|10:01:43 AM|
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.
Billion-dollar trade events hit, luxury brands suffer - Virus Updates
02/08/2020|12:16:43 AM|
At least 61 people onboard a cruise ship off Japan have tested positive for the coronavirus; Hong Kong Airlines will cut 10% of its workforce.
Russia shuts border, 6,000 passengers held on cruise - Virus Updates
01/30/2020|11:35:03 PM|
Airlines and major hotel chains are waiving cancellation fees, but recouping all the costs associated with trips canceled due to coronavirus fears is far from guaranteed.
W.H.O. declares global emergency, Singapore bans Chinese visitors - Virus Updates
01/31/2020|4:03:06 PM|
The toll on travel and hospitality could be worse than during the SARS epidemic when Chinese travelers were a smaller group than they are today.
Expedia suspends China listings, Europe projects 7%-25% impact | Daily Brief
02/18/2020|1:25:40 AM|
Europe anticipates seeing 7%-25% less Chinese visitor arrivals this year due to virus impact, OYO's annual loss has widened sixfold, and more for the day.
US, China, Germany rank Top 3 countries by annual tourism revenue
01/10/2020|10:55:11 PM|
Sino-US trade frictions did not affect the variation of China’s tourist arrivals from the US, which grew 7.4% in 2018, 4.6 percentage points higher than that in 2017.
Global top 3 tourism nations unveiled, China's hotel markets remain strong and more
01/17/2020|4:57:00 PM|
OYO is firing thousands of staff across China and India; Six Flags is struggling with its planned parks in China and might scrap plans to complete them.
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