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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

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

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

China's travel industry bracing for $430 billion losses for 2020

Travel volume during this year’s seven-day Lunar New Year period plummeted nearly 63.9% to just 152 million.

02/14/2020|11:27:31 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
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