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Meituan warns of pandemic-hit loss; Shanghai attractions close again | Daily Brief

State bank ICBC provides USD 14.5 billion in financing to cultural and tourism firms in Beijing; TravelSky processed 1,071.9 million transactions and 432.8 million BSP tickets last year.

03/31/2020|12:09:00 AM|ChinaTravelNews

TravelSky grows aviation IT revenues by 8.6% in 2019

System integration service revenue rose 23.3% to RMB 1,168.0 million for 2019, accounting for 14.4% of the company’s total revenue in the year.

03/30/2020|2:45:53 PM|ChinaTravelNews

Virus may cost 75M travel jobs; Forward bookings show dramatic rebound | Weekly Review

Hotel giant leverages equity investments to grow profit significantly last year; Chinese visitors to Japan plunge 87.9% in February.

03/28/2020|9:54:45 PM|ChinaTravelNews

ANA partners Skyscanner on direct booking; Travelzoo furloughs global workforce | Daily Brief

Three Chinese airline partners work with KLM to support the Netherlands's virus containment; Hong Kong Disney extends ticket expiry date.

03/28/2020|12:28:17 AM|ChinaTravelNews

China limits cross-border flights, halts entry by foreigner visa & residence permit | Daily Brief

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.

03/27/2020|12:58:59 AM|ChinaTravelNews

Fosun cuts stake in Booking Holdings; OYO sees recovery in China | Daily Brief

The online travel company co-invested by Trip.com Group and Tencent reported over 205 million monthly active users; Hong Kong expects to see “zero visitors” for months.

03/26/2020|12:49:33 AM|ChinaTravelNews

IHG sees occupancy rise in Greater China; Chinese airlines have lost $3.1B | Daily Brief

The gradual resumption of business in China has not helped domestic airlines make ends meet; Tokyo Olympics is postponed to 2021.

03/24/2020|11:09:30 PM|ChinaTravelNews

Fosun Tourism raises $988M; Forward bookings in China show dramatic rebound | Daily Brief

Chinese tourist arrivals to Japan dropped 87.9% in February; Hainan government announced a USD 21.2 million rejuvenation plan for the island’s beleaguered tourism industry with duty free shopping at the heart.

03/23/2020|11:34:25 PM|ChinaTravelNews
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