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Coronavirus puts 50 million travel jobs at risk, says WTTC

Coronavirus puts 50 million travel jobs at risk, says WTTC

This could lead to a corresponding reduction in 12%-14% of the jobs.

03/25/2020|9:08:12 AM|WTTC
China’s $4.6 billion overseas study tour market halted by coronavirus

China’s $4.6 billion overseas study tour market halted by coronavirus

About 1.3 million youngsters had spent part of their summer holidays studying overseas in 2019.

03/24/2020|3:17:08 PM|SCMP
Fosun Tourism raises $988M; Forward bookings in China show dramatic rebound | Daily Brief

Fosun Tourism raises $988M; Forward bookings in China show dramatic rebound | Daily Brief

Chinese tourist arrivals to Japan dropped 87.9% in February; Hainan government announced a USD 21.2 million rejuvenation plan for the island’s beleaguered tourism industry with duty free shopping at the heart.

03/23/2020|11:34:25 PM|ChinaTravelNews
Disney hotel coronavirus closures could cost company $140 million worldwide

Disney hotel coronavirus closures could cost company $140 million worldwide

Disney has 16 company-operated hotels with 11,000 rooms at four theme park resorts in Asia and Europe.

03/23/2020|6:09:01 PM|Los Angeles Daily News
Fosun Tourism sees acquisition opportunities amid virus outbreak

Fosun Tourism sees acquisition opportunities amid virus outbreak

The company said it believes that the demand of the global tourism industry will continue to rise in the long run.

03/18/2020|11:21:26 AM|ChinaTravelNews
Hong Kong Disneyland Resort revenue reaches HK$6.0 billion, hotel occupancy stands at 74% in FY19

Hong Kong Disneyland Resort revenue reaches HK$6.0 billion, hotel occupancy stands at 74% in FY19

Full year EBITDA was down 17% to HK$1.1 billion, resulting in a net loss of HK$105 million.

03/17/2020|4:14:57 PM|Hong Kong Disneyland
Checkfront raises CA$9.3M round, talks up independent role for activities

Checkfront raises CA$9.3M round, talks up independent role for activities

The platform has integrations with Square, Tripadvisor, Expedia, and Quickbooks, among others.

03/11/2020|11:26:14 AM|PhocusWire
Shanghai Disney resort set to partially reopen on Monday

Shanghai Disney resort set to partially reopen on Monday

Certain facilities at Disneytown, Wishing Star Park and the Shanghai Disneyland Hotel will operate with limited capacity at reduced hours.

03/10/2020|9:58:35 PM|Variety
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