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Fosun cuts stake in Booking Holdings; OYO sees recovery in China | Daily Brief

The online travel company co-invested by Trip.com Group and Tencent reported over 205 million monthly active users; Hong Kong expects to see “zero visitors” for months.

03/26/2020|12:49:33 AM|ChinaTravelNews

IHG sees occupancy rise in Greater China; Chinese airlines have lost $3.1B | Daily Brief

The gradual resumption of business in China has not helped domestic airlines make ends meet; Tokyo Olympics is postponed to 2021.

03/24/2020|11:09:30 PM|ChinaTravelNews

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

Forward bookings for China domestic air travel show dramatic rebound

Weekly bookings for April flights rose by 77% and for June flights jumped 250% week on week, during the week of February 27 to March 5.

03/23/2020|12:08:13 PM|ChinaTravelNews

OTA boss advises mobile tech to fight virus; Marriott sees recovery in China | Weely Review

Asia's largest online travel group expects its net revenue to drop by nearly half in Q1; China's air regulator moved to divert incoming international flights from Beijing to elsewhere.

03/21/2020|5:38:25 PM|ChinaTravelNews

China data portend tough times for US hotels; Cathay cuts 96% flights | Daily Brief

Major Chinese airlines registered over 30-percentage-point declines in load factor; Fosun Tourism's China operation slowly recovers.

03/20/2020|11:40:36 PM|ChinaTravelNews

OTA giant sees revenue falling by half; Foreign arrivals to Japan plunge 58% | Daily Brief

Trip.com Group expects net revenue to decrease by 45%-50% in the first quarter; Four-fifths of flight capacity between China and the rest of the world has been cut back.

03/19/2020|10:52:49 PM|ChinaTravelNews

Air China maintains U.S. flying; Beijing airport to transfer international flights | Daily Brief

The world's largest hotel chain has started furloughing tens of thousands of employees; Cathay Pacific will sell six of its Boeing 777-300ER planes to BOC Aviation.

03/19/2020|1:03:31 AM|ChinaTravelNews
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