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Expedia comments on suspension of mainland China listings
02/21/2020|12:16:33 PM|
The suspension does not affect existing bookings for mainland China made before the stop-sell measures were implemented.
HNA-Caissa Tourism shareholders transfer a 1.66% stake to state-owned enterprise
02/21/2020|10:32:22 AM|
Caissa Tourism reported revenue decline of 14.2% in the first three quarters of 2019, to RMB5.95 billion.
Virus makes Olympics difficult; Air France sees €200M impact | Daily Brief
02/21/2020|12:54:32 AM|
Air France-KLM warned of a €150-million to €200-million hit to earnings by April; Asia Pacific airlines could lose $27.8 billion due to outbreak.
Expedia freezes China listings; ITB China 2020 postponed | Weekly Review
02/20/2020|10:08:28 PM|
China may see losses of USD 430 billion by the coronavirus disruption on travel for 2020; It plans cash injections and mergers to bail out aviation.
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.
China considers airlines bailout; OYO fights to keep hotels open | Daily Brief
02/19/2020|12:07:04 AM|
Malaysia looks to locals and non-Chinese visitors in fulfilling tourist-arrivals target; China plans to take over indebted conglomerate HNA Group and sell off its core airline assets.
Virus dents bookings for IHG; Japan may lose $1.29 billion | Daily Brief
02/18/2020|5:22:24 PM|
Even if the coronavirus outbreak ends quickly, the disruption in the supply chain will affect trade, tourism and confidence.
China accounts for nearly 60% of OYO's annual losses
02/18/2020|2:13:03 PM|
International markets including China contributed to USD 252 million (75%) of the USD 335 million losses for FY2019, while these markets constituted only 36.5% of the global revenues.
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