The Middle East was the fastest-growing region in the world, with 8 percent growth in 2019.
LOT now flies to China seven times a week.
Major hotel operators BTG Hotels Group and Shanghai Jin Jiang International Hotels tumbled more than 7 percent on Monday morning.
Mr. Liang acquired an aggregate of 1,099,600 ordinary shares with a nominal value of US$0.0005 each in the share capital of Tongcheng-Elong on market.
Part of the funds was used for repayment of the outstanding balance of approximately USD 502 million.
Nearly 14.500 Chinese tourists visited Armenia in 2019 compared to the 8430 in January-October 2018.
David Tang, sales and marketing director of Grand City Tours in Melbourne expects a 15%-20% drop in Chinese visitors this Lunar New Year.
OYO is firing thousands of staff across China and India; Six Flags is struggling with its planned parks in China and might scrap plans to complete them.
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