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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

OTA seeks $1.2 billion loan, tourism slowdown spreads in Asia | Daily Brief

Travel advisers projected 10%-15% off in the $45.6 billion global cruise industry, major Chinese park operator warned of epidemic impact on $320 million asset-backed notes.

02/15/2020|12:54:56 AM|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

Billion-dollar trade events hit, luxury brands suffer - Virus Updates

At least 61 people onboard a cruise ship off Japan have tested positive for the coronavirus; Hong Kong Airlines will cut 10% of its workforce.

02/08/2020|12:16:43 AM|ChinaTravelNews

Supersonic aircraft startup Exosonic joins a long race to revive Concorde's dream

Developing an aircraft that can pass regulatory scrutiny is complicated enough, but equally challenging is the need to prove to airlines that the model will turn a profit.

02/13/2020|11:38:50 PM|ChinaTravelNews

F1 Shanghai race at risk, Indonesia could lose $4 billion - Virus Updates

Formula One's Shanghai Grand Prix is in jeopardy amid growing fears over the coronavirus; Tokyo Olympic organizers worried the virus outbreak could "pour cold water" on the upcoming games.

02/07/2020|12:16:07 AM|ChinaTravelNews

Europe mulls US-type travel ban, Disney expects $175m loss - Virus Updates

Hong Kong will quarantine tourist arrivals from mainland China; at least two Asian airlines have asked their staff to take unpaid leave.

02/06/2020|1:07:47 AM|ChinaTravelNews
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