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Expedia suspends China listings, Europe projects 7%-25% impact | Daily Brief

Europe anticipates seeing 7%-25% less Chinese visitor arrivals this year due to virus impact, OYO's annual loss has widened sixfold, and more for the day.

02/18/2020|1:25:40 AM|ChinaTravelNews

Global tourism to take a $80B hit, cruises shun Asia to avoid virus | Daily Brief

The coronavirus impact may last until the second quarter of 2021, industries are feeling the pinch beyond China, with the full impact remains to be seen.

02/15/2020|12:54:05 AM|ChinaTravelNews

China's travel industry bracing for $430 billion losses for 2020

Travel volume during this year’s seven-day Lunar New Year period plummeted nearly 63.9% to just 152 million.

02/14/2020|11:27:31 AM|ChinaTravelNews

OTA seeks $1.2 billion loan, tourism slowdown spreads in Asia | Daily Brief

Travel advisers projected 10%-15% off in the $45.6 billion global cruise industry, major Chinese park operator warned of epidemic impact on $320 million asset-backed notes.

02/15/2020|12:54:56 AM|ChinaTravelNews

F1 Grand Prix postponed, global airlines to lose $4 billion | Daily Brief

ICAO forecast a decline in global traffic of 16.4 million passengers, the hotel industry could end up having to deal with the virus impact for the next 12 months.

02/12/2020|11:06:29 PM|ChinaTravelNews

Airbnb freezes check-ins, Chinese travel demand drops 40% - Virus Updates

The spread of the coronavirus has raised concerns over the prospects of Asia's most popular destinations including Thailand, Japan and South Korea.

02/10/2020|6:41:37 PM|ChinaTravelNews

Billion-dollar trade events hit, luxury brands suffer - Virus Updates

At least 61 people onboard a cruise ship off Japan have tested positive for the coronavirus; Hong Kong Airlines will cut 10% of its workforce.

02/08/2020|12:16:43 AM|ChinaTravelNews

F1 Shanghai race at risk, Indonesia could lose $4 billion - Virus Updates

Formula One's Shanghai Grand Prix is in jeopardy amid growing fears over the coronavirus; Tokyo Olympic organizers worried the virus outbreak could "pour cold water" on the upcoming games.

02/07/2020|12:16:07 AM|ChinaTravelNews
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