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EU exempts China from travel ban; Indian hotels banning Chinese guests | Daily Brief
06/28/2020|11:45:51 PM|
Hilton plans to build more than 1,000 Home2 Suites in China; Chinese hotels are in desperate need of strategies to compete with Western chains.
Trump bans a Chinese acquisition; Booking restructures BU | Weekly Review
03/07/2020|11:15:20 PM|
Booking.com's China director has been ousted; An Alibaba-invested outbound travel company liquidated amid virus outbreak.
China’s organized outbound tours reached 14.62 million in Q4 2019
05/20/2020|9:39:19 AM|
China’s travel agencies served a total of 49.63 million travelers on organized domestic tours, and handled a total of 50.73 million domestic visitors during the period.
Infected cases found on cruise ships, 25,000 flights canceled - Virus Updates
02/04/2020|12:43:15 AM|
More than 25,000 flights to, from and within China will be canceled this week; online travel stocks fell as more countries limit travel to and from China.
Hotel bookings through global distributors and suppliers down 80% in early April
04/23/2020|11:27:14 AM|
STR projects that China hotels will recover to only 90% of 2019’s level of occupancy, ADR and RevPAR by 2021.
Travel e-commerce portal Ksher plans more fundraising this year after recent round
04/02/2020|3:08:01 PM|
Ksher has expanded to 13 countries and increased its annual turnover from USD 1 million to USD 1 billion.
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.
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.
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