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Corporate travel to take a $560B hit; searches for flights up 138% | Daily Brief
03/02/2020|4:49:38 PM|
China allocated USD 814 million to support project construction in the cultural tourism industry; Singapore Airlines is cutting pay for management staff.
Japan to ease travel curbs for China; Canada updates Hong Kong advisory | Daily Brief
07/02/2020|6:45:06 AM|
Around 90% of staff at Cathay Pacific agreed to take unpaid leave in a second round of cost-saving measures; Chinese hotel chain Huazhu recorded a 15.7% drop in Q1 net revenue.
Airbnb names COO for China unit, reporting to co-founder Blecharczyk
06/30/2020|11:30:33 AM|
Mr. Siew served as Airbnb's interim head of China in 2017 as Mr. Hong Ge, the company's China chief at the time, resigned after allegations about inappropriate personal relationship.
TravelSky sells a stake in its consumer-facing App to China Southern
05/28/2020|2:34:11 PM|
The state-controlled giant is taking a step to better adjust to the market-based economy and explore monetization for its app unit.
Internet travel company Mounsey receives $7 million
06/17/2020|9:57:52 AM|
Mounsey boasts 2,500 branded outlets in China and aims at exceeding 10,000 outlets in three years.
Fosun-invested customized travel agency Shijiebang goes under
06/15/2020|10:30:19 PM|
The pandemic is just a catalyst for the collapse of Shijiebang.
China considers airlines bailout; OYO fights to keep hotels open | Daily Brief
02/19/2020|12:07:04 AM|
Malaysia looks to locals and non-Chinese visitors in fulfilling tourist-arrivals target; China plans to take over indebted conglomerate HNA Group and sell off its core airline assets.
Cathay unveils $5B bailout plan; Asian countries to build more travel bubbles | Weekly Review
06/14/2020|10:50:01 AM|
China's aviation regulator plans to increase international flights as the demand is skyrocketing; Thailand said China, Japan are interested in travel bubbles.
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