Search results for “Pacific Asia Travel Association”
China's air passengers fall 84.5%; business travel to lose $820B | Daily Brief
03/12/2020|11:16:53 PM|
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.
OTA seeks $1.2 billion loan, tourism slowdown spreads in Asia | Daily Brief
02/15/2020|12:54:56 AM|
Travel advisers projected 10%-15% off in the $45.6 billion global cruise industry, major Chinese park operator warned of epidemic impact on $320 million asset-backed notes.
COVID-19 hits January passenger demand
03/06/2020|9:51:17 PM|
Asia-Pacific airlines’ January traffic climbed 2.5% compared to the year-ago period, which was the slowest outcome since early 2013.
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.
Hyatt’s China business is down 90% in February from coronavirus fallout
02/22/2020|1:37:20 PM|
Hyatt is estimating that every 1 percent decline in greater China RevPAR equals $1 million to $2 million hits to EBITDA.
Coronavirus outbreak to cost airlines almost $30 billion
02/21/2020|6:18:22 PM|
In total, airlines in the Asia Pacific region are set to see a $27.8 billion revenue loss in 2020.
AAPA: ‘Arbitrary restrictions and blanket travel bans’ hurt the public
02/10/2020|3:18:12 PM|
AAPA Director General said governments in Asia and elsewhere must strengthen dialogue and work together to develop a more comprehensive strategy.
Coronavirus outbreak costing global tourism billions
01/29/2020|11:25:59 PM|
The outbreak will hit Asia Pacific economies, particularly in retail, restaurants, conferences, sporting events, tourism and commercial aviation.
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