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OTA chief cuts salary; event cancellations cost $1B | Daily Brief

The direct economic loss from the cancellation from nine major tech conferences already surpassed USD 1 billion; A Disneyland Paris maintenance worker tested positive for coronavirus.

03/11/2020|12:24:19 AM|ChinaTravelNews

Booking withdraws first-quarter guidance due to worsening virus impact

The company believes it has "a strong operating model and solid balance sheet" to weather this disruption.

03/10/2020|12:22:33 PM|ChinaTravelNews

Shanghai Disney partially reopens; Trip.com launches travel presales | Daily Brief

Trip.com has launched presales of admissions to some 300 scenic spots, air tickets, accommodation and tour packages; Google's travel ad revenue may drop 10.2% in second quarter.

03/09/2020|11:38:41 PM|ChinaTravelNews

Trump bans a Chinese acquisition; Booking restructures BU | Weekly Review

Booking.com's China director has been ousted; An Alibaba-invested outbound travel company liquidated amid virus outbreak.

03/07/2020|11:15:20 PM|ChinaTravelNews

Fliggy launches live channel; Russia takes $400M hit | Daily Brief

Japan will quarantine people arriving from South Korea and China for two weeks; the global aviation industry could lose USD 63-113 billion in revenue.

03/06/2020|9:48:42 PM|ChinaTravelNews

Global OTA fires China director; OYO cuts 60% of China staff | Daily Brief

Airbnb’s plan for public listing this year is at risk of slipping into 2021; China's ski industry may lose USD 1.1 billion.

03/04/2020|11:17:56 PM|ChinaTravelNews

Booking.com's China head steps down, business unit restructured

The independent China business unit will be restructured and will report to the Asia Pacific and global leadership.

03/04/2020|7:45:17 PM|ChinaTravelNews

Alibaba-backed outbound travel agency to liquidate amid coronavirus outbreak

The company has been facing financial troubles since the second half of 2019.

03/03/2020|1:28:03 PM|ChinaTravelNews
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