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OTA gets green light for US investment; Fliggy offers Fly At Will flight deals | Weekly Review
07/19/2020|12:21:24 PM|
Short-term rental firm Xiaozhu teamed up with lifestyle social network Xiaohongshu; E-commerce giant JD.com invested in the digital unit of Beijing Tourism Group to expand in the travel industry.
US to ban Chinese flights; Online travel platforms build hotel memberships | Daily Brief
06/03/2020|11:38:48 PM|
The Trump administration is banning Chinese passenger airlines from flying to the US; Global online travel agencies will drop rate parity terms on Korean regulatory demand.
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.
Air China maintains U.S. flying; Beijing airport to transfer international flights | Daily Brief
03/19/2020|1:03:31 AM|
The world's largest hotel chain has started furloughing tens of thousands of employees; Cathay Pacific will sell six of its Boeing 777-300ER planes to BOC Aviation.
Virus makes Olympics difficult; Air France sees €200M impact | Daily Brief
02/21/2020|12:54:32 AM|
Air France-KLM warned of a €150-million to €200-million hit to earnings by April; Asia Pacific airlines could lose $27.8 billion due to outbreak.
China curbs overseas arrivals; OYO falls short in Japan | Daily Brief
02/26/2020|10:26:24 AM|
Some Chinese cities have begun to restrict arrivals from overseas, signaling that the epidemic’s momentum has shifted outside of China.
State-owned bank bails out OTA; airlines to see first traffic drop in a decade | Daily Brief
02/21/2020|11:21:10 PM|
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.
Airbnb freezes check-ins, Chinese travel demand drops 40% - Virus Updates
02/10/2020|6:41:37 PM|
The spread of the coronavirus has raised concerns over the prospects of Asia's most popular destinations including Thailand, Japan and South Korea.
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