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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

F1 Grand Prix postponed, global airlines to lose $4 billion | Daily Brief

ICAO forecast a decline in global traffic of 16.4 million passengers, the hotel industry could end up having to deal with the virus impact for the next 12 months.

02/12/2020|11:06:29 PM|ChinaTravelNews

Infected cases found on cruise ships, 25,000 flights canceled - Virus Updates

More than 25,000 flights to, from and within China will be canceled this week; online travel stocks fell as more countries limit travel to and from China.

02/04/2020|12:43:15 AM|ChinaTravelNews
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