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Chinese airlines see significant Q1 losses, mull buying embattled Virgin Australia | Daily Brief

Three state-owned Chinese airline giants expect significant losses in the quarter; Beijing reopens 30% of its major tourist sites.

04/20/2020|11:13:25 PM|ChinaTravelNews

OTA giant invests in PMS provider; payment startup raises $160M | Daily Brief

Hundreds of hotels in Wuhan call for government aid after voluntarily providing free rooms to medical workers battling coronavirus; Cathay Pacific carried 90% fewer passengers in March.

04/16/2020|6:24:56 PM|ChinaTravelNews

Shanghai Disney steps up entrance checks; Chinese airlines lose $4.8 billion | Daily Brief

Finnair plans a joint venture with China’s Juneyao Air; Marriott's RevPAR drops 83% in Greater China in March.

04/15/2020|11:04:39 PM|ChinaTravelNews

Hotel guests must show test results; Brands press ahead with Asia expansions | Daily Brief

New York-listed Chinese hotel firm expects revenue to decline by 30%-35% in Q1; Tourist attractions are only allowed to run up to 30% of full capacity.

04/14/2020|11:50:30 PM|ChinaTravelNews

Booking sells $106M Trip.com stake; United may resume China flights | Daily Brief

The world's largest online travel group cut the stake in its Chinese counterpart by over 3 percentage points; Accor and Alibaba extend their strategic partnership.

04/07/2020|11:35:20 PM|ChinaTravelNews

Alibaba backs Israeli travel startup; Klook buys car-hire firm | Weekly Review

Chinese airlines rescheduled their international flights after national regulators decided to limit the number of international flights to curtail imported COVID-19 cases.

04/04/2020|10:14:48 PM|ChinaTravelNews

Activities booking unicorn Klook acquires car rental firm Huizhuche

A source told ChinaTravelNews that Klook spent less than USD 10 million in its acquisition of Huizhuche, a price tag much lower than the car rental firm's claimed value after its series B round.

04/02/2020|3:26:04 PM|ChinaTravelNews

OTA giants respond to competition probe; Alibaba invests in travel tech firm | Daily Brief

TravelSky said it will weather coronavirus impacts in air travel without layoffs; Chinese embassy in UK is chartering a plane to bring home Chinese students.

04/02/2020|12:54:11 AM|ChinaTravelNews
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