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Virus makes Olympics difficult; Air France sees €200M impact | Daily Brief

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.

02/21/2020|12:54:32 AM|ChinaTravelNews

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

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.

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

China considers airlines bailout; OYO fights to keep hotels open | Daily Brief

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.

02/19/2020|12:07:04 AM|ChinaTravelNews

Virus dents bookings for IHG; Japan may lose $1.29 billion | Daily Brief

Even if the coronavirus outbreak ends quickly, the disruption in the supply chain will affect trade, tourism and confidence.

02/18/2020|5:22:24 PM|ChinaTravelNews

China accounts for nearly 60% of OYO's annual losses

International markets including China contributed to USD 252 million (75%) of the USD 335 million losses for FY2019, while these markets constituted only 36.5% of the global revenues.

02/18/2020|2:13:03 PM|ChinaTravelNews

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

Airbnb, Trip.com rise on global top list of hotel channels

The lists reveal the fast-growing successes of both direct booking strategies for hotels and the growth strategies of the consolidation-hungry giants.

02/14/2020|12:58:17 PM|ChinaTravelNews
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