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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

UK citizens told to leave China, Cathay to cut 90% China flights - Virus Updates

Indonesia decided on imposing China travel ban to prevent virus from spreading; Macao casinos to close for 2 weeks.

02/04/2020|11:33:24 PM|ChinaTravelNews

Infected cases found on cruise ships, 25,000 flights canceled - Virus Updates

More than 25,000 flights to, from and within China will be canceled this week; online travel stocks fell as more countries limit travel to and from China.

02/04/2020|12:43:15 AM|ChinaTravelNews
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