The Trump administration is banning Chinese passenger airlines from flying to the US; Global online travel agencies will drop rate parity terms on Korean regulatory demand.
Smaller hotels are particularly vulnerable to the coronavirus impact and that may present an opportunity for the online giants to help while growing their own influence.
EU chamber urged China to cut subsidies to inefficient airlines; Marriott hotels' occupancy rate in China rose to 40%.
Some hotels of Huazhu, which operates nearly 6,000 hotels across China, have become fully automated for guests, from room booking to ID card scanning, face recognition, and robot delivery.
The occupancy rate in China was 40% currently, up from 7% to 8% in February.
The worse is yet to come as Trip.com Group projected net revenue to drop by 67%-77% in Q2; TravelSky sells a stake in its consumer-facing app to China Southern Airlines.
International transportation accounts for 50% of Trip.com Group's total transportation revenue, so transportation will be more vulnerable to the COVID-19 impact than hotels will.
Midscale and economy hotels are driving the recovery of China's hotel market; Cathay Pacific's brand merger hits roadblock from Chinese regulator.