Search results for “cancellation”
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.
Virus makes Olympics difficult; Air France sees €200M impact | Daily Brief
02/21/2020|12:54:32 AM|
Air France-KLM warned of a €150-million to €200-million hit to earnings by April; Asia Pacific airlines could lose $27.8 billion due to outbreak.
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.
China's travel industry bracing for $430 billion losses for 2020
02/14/2020|11:27:31 AM|
Travel volume during this year’s seven-day Lunar New Year period plummeted nearly 63.9% to just 152 million.
Airbnb freezes check-ins, Chinese travel demand drops 40% - Virus Updates
02/10/2020|6:41:37 PM|
The spread of the coronavirus has raised concerns over the prospects of Asia's most popular destinations including Thailand, Japan and South Korea.
Marriott sees $25M impact; Expedia global layoffs cost up to $130M | Daily Brief
02/27/2020|10:01:43 AM|
Expedia has kicked off its global lay-off this week in Hong Kong and Singapore; Sabre said the outbreak could cost a USD 100-150 million loss in first-quarter revenue.
Fosun Tourism raises $988M; Forward bookings in China show dramatic rebound | Daily Brief
03/23/2020|11:34:25 PM|
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.
China curbs overseas arrivals; OYO falls short in Japan | Daily Brief
02/26/2020|10:26:24 AM|
Some Chinese cities have begun to restrict arrivals from overseas, signaling that the epidemic’s momentum has shifted outside of China.
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