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Travel companies tap advance purchases; Disney hints at stricter checks | Weekly Review
04/18/2020|12:58:40 PM|
Chinese travel executives look to advance purchase offerings for recovery; Carnival says China may be among the first areas to cruise again.
OTAs vow to drop rate parity; Travel recovery to peak after September | Weekly Review
05/16/2020|10:49:34 AM|
IHG starts flagship store on Trip.com Group; 70% of OYO hotels in China are now back to business.
Chinese arrivals to Australia drop 99.8%; China Southern to raise over $2B | Daily Brief
05/16/2020|10:39:31 AM|
Hotel occupancy in China reached over 40% during May 6-10 as business travel increased; Cathay Pacific flagged a “very bleak” outlook as coronavirus grounded planes globally.
China’s passenger number down by nearly 70% in April
05/16/2020|12:24:43 AM|
Total passenger traffic of the month was 16.715 million.
Chinese airlines see significant Q1 losses, mull buying embattled Virgin Australia | Daily Brief
04/20/2020|11:13:25 PM|
Three state-owned Chinese airline giants expect significant losses in the quarter; Beijing reopens 30% of its major tourist sites.
TUI China kicks off curated domestic trips for local holiday-makers
04/27/2020|1:48:23 PM|
Dr. Guido Brettschneider believes that people in China and around the world will never stop dreaming and will want to travel again soon.
Hotel firm GreenTree expects a 30%-35% drop in Q1 revenue
04/14/2020|9:35:51 PM|
Due to the impact of COVID-19, the company may record a decline in total revenues of 10%-15% for the full year 2020.
OTA giant invests in PMS provider; payment startup raises $160M | Daily Brief
04/16/2020|6:24:56 PM|
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.
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