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Back to the future: lessons for the travel sector from China

The travel industry may gradually return to normalcy, but the landscape will look quite different.

04/21/2020|10:52:24 AM|Forrest Zhang, Managing Director for China, Hotelbeds

Travel companies tap advance purchases; Disney hints at stricter checks | Weekly Review

Chinese travel executives look to advance purchase offerings for recovery; Carnival says China may be among the first areas to cruise again.

04/18/2020|12:58:40 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

Hotel firm GreenTree expects a 30%-35% drop in Q1 revenue

Due to the impact of COVID-19, the company may record a decline in total revenues of 10%-15% for the full year 2020.

04/14/2020|9:35:51 PM|ChinaTravelNews

Travel companies turn to live streaming and advance purchase for recovery

Advance purchases may not be just a provisional measure during epidemic but a regular project that will stay.

04/13/2020|2:43:20 PM|ChinaTravelNews
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