Search results for “coronavirus”
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.
Virus dents bookings for IHG; Japan may lose $1.29 billion | Daily Brief
02/18/2020|5:22:24 PM|
Even if the coronavirus outbreak ends quickly, the disruption in the supply chain will affect trade, tourism and confidence.
Expedia comments on suspension of mainland China listings
02/21/2020|12:16:33 PM|
The suspension does not affect existing bookings for mainland China made before the stop-sell measures were implemented.
China considers airlines bailout; OYO fights to keep hotels open | Daily Brief
02/19/2020|12:07:04 AM|
Malaysia looks to locals and non-Chinese visitors in fulfilling tourist-arrivals target; China plans to take over indebted conglomerate HNA Group and sell off its core airline assets.
HNA-invested tour operator to buy Alibaba-backed rival; Australia keen to lure Chinese tourists | Daily Brief
06/16/2021|10:22:31 PM|
Hong Kong considers easing quarantine rules for the fully vaccinated; Chinese tourists will initially stay in Asia-Pacific and head outdoors for custom experiences.
Expedia suspends China listings, Europe projects 7%-25% impact | Daily Brief
02/18/2020|1:25:40 AM|
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.
Chinese airlines see sound recovery; International travel barriers remain | Daily Brief
06/15/2021|11:52:27 PM|
Cathay Pacific suspends flights from Jakarta; China hits another pandemic roadblock in hotel recovery.
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