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Chinese airlines see significant Q1 losses, mull buying embattled Virgin Australia | Daily Brief

Three state-owned Chinese airline giants expect significant losses in the quarter; Beijing reopens 30% of its major tourist sites.

04/20/2020|11:13:25 PM|ChinaTravelNews

Trip.com investor ups Meituan stake; Hilton's China occupancy rises | Daily Brief

China's airline IT service giant TravelSky injects USD 141 million into a 5G-focused investment fund; Carnival said China might be among the first areas where cruise lines start sailing again.

04/17/2020|10:34:10 PM|ChinaTravelNews

OTA giant invests in PMS provider; payment startup raises $160M | Daily Brief

Hundreds of hotels in Wuhan call for government aid after voluntarily providing free rooms to medical workers battling coronavirus; Cathay Pacific carried 90% fewer passengers in March.

04/16/2020|6:24:56 PM|ChinaTravelNews

Shanghai Disney steps up entrance checks; Chinese airlines lose $4.8 billion | Daily Brief

Finnair plans a joint venture with China’s Juneyao Air; Marriott's RevPAR drops 83% in Greater China in March.

04/15/2020|11:04:39 PM|ChinaTravelNews

Hotel guests must show test results; Brands press ahead with Asia expansions | Daily Brief

New York-listed Chinese hotel firm expects revenue to decline by 30%-35% in Q1; Tourist attractions are only allowed to run up to 30% of full capacity.

04/14/2020|11:50:30 PM|ChinaTravelNews

Most Chinese prefer domestic travel; Airport volume nosedives 91% | Daily Brief

Korean Air will reopen select Chinese routes in May; China Eastern will sell inflight meals in supermarkets.

04/14/2020|12:35:49 AM|ChinaTravelNews

Hotel recovery led by midscale & economy; Global aviation loss to rise to $2T | Daily Brief

Shanghai Airport stock slumps below target by the widest margin in 13 years; China's theme parks re-open with strict rules to prevent further outbreak of the virus.

04/11/2020|6:28:44 AM|ChinaTravelNews

OTA expects up to 75% revenue drop; Authority buys tickets to help airlines | Daily Brief

Hong Kong will buy 500,000 flight tickets from the city’s airlines as part of a stimulus; China's domestic travelers decreased 61.4% during a three-day holiday.

04/10/2020|12:27:48 AM|ChinaTravelNews
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