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Trump bans a Chinese acquisition; Booking restructures BU | Weekly Review

03/07/2020|11:15:20 PM|

Booking.com's China director has been ousted; An Alibaba-invested outbound travel company liquidated amid virus outbreak.

Global OTA fires China director; OYO cuts 60% of China staff | Daily Brief

03/04/2020|11:17:56 PM|

Airbnb’s plan for public listing this year is at risk of slipping into 2021; China's ski industry may lose USD 1.1 billion.

State-owned bank bails out OTA; airlines to see first traffic drop in a decade | Daily Brief

02/21/2020|11:21:10 PM|

The Industrial and Commercial Bank of China will provide a USD 86.7 million loan to online travel giant Trip.com Group; RevPAR of Hyatt hotels declined 90% last month in China.

Expedia freezes China listings; ITB China 2020 postponed | Weekly Review

02/20/2020|10:08:28 PM|

China may see losses of USD 430 billion by the coronavirus disruption on travel for 2020; It plans cash injections and mergers to bail out aviation.

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

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

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.

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Trip.com Group reports 70% rise in Q1 international OTA platform revenue

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China, Japan and South Korea target 40 million tourist exchanges by 2030

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