Reopening all our hotels in the Chinese mainland is the first step in a measured global recovery process.
If they recover at home, they could threaten the world’s sickly legacy carriers on international routes.
Booking loses $130 million in the sale of its Trip.com Group stake; Shanghai Disney theme park will reopen on May 11.
The park’s reopening marks a tentative step toward Disney’s recovery from a global health crisis.
45% of Chinese travelers plan to visit Vietnam this year; Hyatt Hotels' occupancy in Greater China have gradually improved.
Tourism for the remainder of the year will be heavily leveraged by younger travellers in the age range of 20-29 years old, who increasingly place an emphasis on booking hotels on digital platforms.
The company will start one-on-one meetings with employees starting May 7 and will likely finish the layoff process by the end of this month.
China raked in tourism revenue of USD 6.79 billion in a holiday, 59.58% less than last year; China Eastern beat out Southwest as the biggest airline in the world in terms of seats available.
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