Search results for “international hotels”
China limits cross-border flights, halts entry by foreigner visa & residence permit | Daily Brief
03/27/2020|12:58:59 AM|
Weekly flights will be downsized to around 130, reducing the number of China's inbound airline passengers from 25,000 to around 5,000 per day.
Virus makes Olympics difficult; Air France sees €200M impact | Daily Brief
02/21/2020|12:54:32 AM|
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.
OTA chief cuts salary; event cancellations cost $1B | Daily Brief
03/11/2020|12:24:19 AM|
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.
Marriott sees $25M impact; Expedia global layoffs cost up to $130M | Daily Brief
02/27/2020|10:01:43 AM|
Expedia has kicked off its global lay-off this week in Hong Kong and Singapore; Sabre said the outbreak could cost a USD 100-150 million loss in first-quarter revenue.
Airbnb freezes check-ins, Chinese travel demand drops 40% - Virus Updates
02/10/2020|6:41:37 PM|
The spread of the coronavirus has raised concerns over the prospects of Asia's most popular destinations including Thailand, Japan and South Korea.
State-owned bank bails out OTA; airlines to see first traffic drop in a decade | Daily Brief
02/21/2020|11:21:10 PM|
The Industrial and Commercial Bank of China will provide a USD 86.7 million loan to online travel giant Trip.com Group; RevPAR of Hyatt hotels declined 90% last month in China.
Alibaba-backed outbound travel agency to liquidate amid coronavirus outbreak
03/03/2020|1:28:03 PM|
The company has been facing financial troubles since the second half of 2019.
China’s travel industry takes actions to fight against coronavirus - Virus Updates
01/25/2020|9:27:14 PM|
At a time when the country is mobilizing medical teams nation-wide to fight the virus in Wuhan, China’s travel industry is also taking measures to participate in the fight.
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