IHG starts flagship store on Trip.com Group; 70% of OYO hotels in China are now back to business.
Hotel occupancy in China reached over 40% during May 6-10 as business travel increased; Cathay Pacific flagged a “very bleak” outlook as coronavirus grounded planes globally.
Chinese carriers are likely to see a full recovery by 2021; Beijing is mulling to cut red tape and fast-track cross-border checks with Taiwan, Hong Kong, Macao and South Korea.
Qatar Airways said it was willing to provide equity injection into Cathay Pacific if approached; China is exempting some foreign executives from travel ban.
Global airline capacity this week is up 2% to 29.8 million seats and China is leading the growth; China proposes fast-track entry for Japanese business travelers.
With regulators in Europe, America and Asia easing restrictions on travel, airline companies across the world have planned to resume some flights to China in June.
45% of Chinese travelers plan to visit Vietnam this year; Hyatt Hotels' occupancy in Greater China have gradually improved.
Disney will begin a phased reopening of its Shanghai theme park next week; Australian travel tech firm Aeronology inked a global distribution deal with TravelSky.