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China curbs overseas arrivals; OYO falls short in Japan | Daily Brief

Some Chinese cities have begun to restrict arrivals from overseas, signaling that the epidemic’s momentum has shifted outside of China.

02/26/2020|10:26:24 AM|ChinaTravelNews

Beijing warns against US travel; France sees 30%-40% less visitors | Daily Brief

Juneyao Airlines will be indefinitely postponing the launch of new European routes; AI tech firm raised $42 million in funding.

02/24/2020|8:56:36 PM|ChinaTravelNews

Cultural travel operator Xband Club secures RMB 200 million in series B funding

The company announced business suspension 33 days before the new financing was announced. It has adopted a series of major measures to deal with the coronavirus outbreak.

02/24/2020|6:35:00 PM|ChinaTravelNews

State-owned bank bails out OTA; airlines to see first traffic drop in a decade | Daily Brief

The Industrial and Commercial Bank of China will provide a USD 86.7 million loan to online travel giant Trip.com Group; RevPAR of Hyatt hotels declined 90% last month in China.

02/21/2020|11:21:10 PM|ChinaTravelNews

Expedia comments on suspension of mainland China listings

The suspension does not affect existing bookings for mainland China made before the stop-sell measures were implemented.

02/21/2020|12:16:33 PM|ChinaTravelNews

HNA-Caissa Tourism shareholders transfer a 1.66% stake to state-owned enterprise

Caissa Tourism reported revenue decline of 14.2% in the first three quarters of 2019, to RMB5.95 billion.

02/21/2020|10:32:22 AM|ChinaTravelNews

Virus makes Olympics difficult; Air France sees €200M impact | Daily Brief

Air France-KLM warned of a €150-million to €200-million hit to earnings by April; Asia Pacific airlines could lose $27.8 billion due to outbreak.

02/21/2020|12:54:32 AM|ChinaTravelNews

Expedia freezes China listings; ITB China 2020 postponed | Weekly Review

China may see losses of USD 430 billion by the coronavirus disruption on travel for 2020; It plans cash injections and mergers to bail out aviation.

02/20/2020|10:08:28 PM|ChinaTravelNews
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