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Cathay unveils $5B bailout plan; Asian countries to build more travel bubbles | Weekly Review

China's aviation regulator plans to increase international flights as the demand is skyrocketing; Thailand said China, Japan are interested in travel bubbles.

06/14/2020|10:50:01 AM|ChinaTravelNews

TravelSky adds China Eastern as investor of App; Airbnb China sees recovery | Daily Brief

Chinese air traffic is rebounding with each of the biggest three airlines operating around 1,000 more flights per week by the end of May; Cathay Pacific saw a 99.6% drop in passenger traffic in April.

06/13/2020|11:36:32 AM|ChinaTravelNews

Flights from China to US drop 95%; Singapore has only 18 Chinese visitors in May | Daily Brief

US plans to revise previously-announced ban on Chinese passenger flights; Chengdu airport became the world’s busiest last month.

06/05/2020|11:02:14 PM|ChinaTravelNews

Chinese hotel group GreenTree sees a 33% drop in Q1 revenue

The company expects its total revenues to decrease by 10%-15% for the full year 2020.

06/05/2020|2:18:13 PM|ChinaTravelNews

US to ban Chinese flights; Online travel platforms build hotel memberships | Daily Brief

The Trump administration is banning Chinese passenger airlines from flying to the US; Global online travel agencies will drop rate parity terms on Korean regulatory demand.

06/03/2020|11:38:48 PM|ChinaTravelNews

Online travel platforms build membership programs for independent hotels

Smaller hotels are particularly vulnerable to the coronavirus impact and that may present an opportunity for the online giants to help while growing their own influence.

06/04/2020|11:06:50 AM|ChinaTravelNews

OTA buys a stake in airport app; E-commerce site adds flight booking service | Daily Brief

EU chamber urged China to cut subsidies to inefficient airlines; Marriott hotels' occupancy rate in China rose to 40%.

06/02/2020|11:30:38 PM|ChinaTravelNews

Didi starts international travel agency; Trip.com faces more challenges | Weekly Review

The worse is yet to come as Trip.com Group projected net revenue to drop by 67%-77% in Q2; TravelSky sells a stake in its consumer-facing app to China Southern Airlines.

06/01/2020|10:59:28 AM|ChinaTravelNews
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