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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.
Marriott sees $25M impact; Expedia global layoffs cost up to $130M | Daily Brief
02/27/2020|10:01:43 AM|
Expedia has kicked off its global lay-off this week in Hong Kong and Singapore; Sabre said the outbreak could cost a USD 100-150 million loss in first-quarter revenue.
Back to the future: lessons for the travel sector from China
04/21/2020|10:52:24 AM|
The travel industry may gradually return to normalcy, but the landscape will look quite different.
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.
TUI China kicks off curated domestic trips for local holiday-makers
04/27/2020|1:48:23 PM|
Dr. Guido Brettschneider believes that people in China and around the world will never stop dreaming and will want to travel again soon.
Top Chinese carriers confident of their FFP members staying loyal
06/04/2020|9:08:15 AM|
Chinese carriers not only took initiatives to assure their loyalty program members about the utility of loyalty currency and membership benefits, but they also paved way for smaller non-air redemptions to subsidize member's shopping for essentials during the coronavirus crisis.
Airline schedule data indicates potential recovery in Asia Pacific through July
06/26/2020|10:05:56 PM|
Mainland China’s domestic schedule suggests a recovery to marginally positive year-on-year growth by end of July.
Hong Kong regulator accepts OTA giants' pledge to drop rate parity
05/14/2020|2:38:21 PM|
Booking.com, Expedia and Trip.com Group have vowed to remove their rate-parity contract terms with accommodation providers in Hong Kong.
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