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Agoda cuts 1,500 jobs in Asia
05/19/2020|12:04:34 PM|
The 25% layoffs signifies a deeper and more prolonged recovery than expected.
Chinese carriers see mixed traffic recovery; iClick boosts tourism in Japan | Daily Brief
05/18/2020|11:47:11 PM|
China and South Korea have asked Japan to join them in relaxing controls on business travel as virus cases tail off; United Airlines wants to resume passenger flights to China as soon as next month.
Cirque du Soleil gets $50 million in emergency funds from main shareholders
05/18/2020|5:48:05 PM|
In late March, the Cirque du Soleil shuttered nearly all of its operations and laid off 95 per cent of its staff, which adds up to 4,679 employees around the world. All of the Cirque’s shows around the globe have been cancelled due to the COVID-19 pandemic.
STR monitors a rise in China hotel booking
05/18/2020|3:26:24 PM|
China’s major cities shows both business and leisure travel is resuming.
Cambodia expects Chinese tourists to drive tourism growth
05/18/2020|3:24:19 PM|
China has become the largest source of foreign tourists to Cambodia since 2017.
China, South Korea ask Japan to allow business travel
05/18/2020|3:22:04 PM|
Japan remains reluctant to loosen what are currently some of the tightest border controls in the developed world.
China takes the first step to restart group tours
05/18/2020|11:37:27 AM|
The move is a minor but positive signal for China to gradually restart its travel business.
OYO appoints CEO for its China unit
05/16/2020|10:33:18 PM|
The China market generated USD 307 million in revenue for OYO in FY2019, but also posted a net loss of USD 197 million, accounting for nearly 60% of the company's total annual loss.
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