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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

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

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

Virus dents bookings for IHG; Japan may lose $1.29 billion | Daily Brief

Even if the coronavirus outbreak ends quickly, the disruption in the supply chain will affect trade, tourism and confidence.

02/18/2020|5:22:24 PM|ChinaTravelNews

Expedia suspends travel listings from mainland China amid coronavirus outbreak

Expedia has informed its suppliers via email that it will suspend the sale of all mainland China-based products, ground transportation and tours.

02/20/2020|9:53:35 PM|ChinaTravelNews

China accounts for nearly 60% of OYO's annual losses

International markets including China contributed to USD 252 million (75%) of the USD 335 million losses for FY2019, while these markets constituted only 36.5% of the global revenues.

02/18/2020|2:13:03 PM|ChinaTravelNews

Airbnb, Trip.com rise on global top list of hotel channels

The lists reveal the fast-growing successes of both direct booking strategies for hotels and the growth strategies of the consolidation-hungry giants.

02/14/2020|12:58:17 PM|ChinaTravelNews
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