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Beijing warns against US travel; France sees 30%-40% less visitors | Daily Brief
02/24/2020
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8:56:36 PM
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Juneyao Airlines will be indefinitely postponing the launch of new European routes; AI tech firm raised $42 million in funding.
OTA boss advises mobile tech to fight virus; Marriott sees recovery in China | Weely Review
03/21/2020
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5:38:25 PM
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Asia's largest online travel group expects its net revenue to drop by nearly half in Q1; China's air regulator moved to divert incoming international flights from Beijing to elsewhere.
OTA giant sees revenue falling by half; Foreign arrivals to Japan plunge 58% | Daily Brief
03/19/2020
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10:52:49 PM
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Trip.com Group expects net revenue to decrease by 45%-50% in the first quarter; Four-fifths of flight capacity between China and the rest of the world has been cut back.
Franchise hotel chain Qingzhu secures tens of millions of dollars
03/19/2020
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2:28:16 PM
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The platform has over 3,000 hotels, mainly in provincial capitals, available for booking.
China's air passengers fall 84.5%; business travel to lose $820B | Daily Brief
03/12/2020
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11:16:53 PM
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Airbnb could face a bill of up to €200 million after a court ruled it was not entitled to claim booking fees from its Dutch customers; Traffic at European airports could fall by 187 million.
Cloudbeds brings in $82M to “triple down” on hospitality tech
03/12/2020
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5:34:44 PM
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Cloudbeds has been leveraged by more than 20,000 hotels, hostels, inns and alternative accommodations across 157 countries.
Chinese corporate expense management startup secures $36 million
03/12/2020
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4:41:54 PM
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Fenbeitong claims to have served over 1,000 medium and large-sized domestic enterprises.
Airbus to restart China plant, OTA reshuffles management | Daily Brief
02/12/2020
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1:27:16 AM
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Singapore expects visitor arrivals to drop 25%-30% this year due to the virus, OYO has brought in 8,500 more rooms in China, and more for the day.
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