Search results for “outbound travel Asia Pacific”
Hotel markets throughout Asia Pacific show coronavirus impact
02/26/2020|1:07:22 PM|
Macau saw the steepest occupancy decline (-97%), falling from absolute level of 96% to just 3% between 6 January and 16 February.
Marriot's RevPAR in Greater China drops 90% in February
02/28/2020|8:49:40 PM|
Marriott estimates to earn $25 million less in monthly fee revenue, compared to its 2020 base-case outlook.
ITB Berlin canceled; indebted airline group seeks help | Weekly Review
02/29/2020|6:06:54 PM|
The ITB Berlin 2020 is officially canceled; Expedia starts global lay-offs this week in Asia offices.
Global tourism to take a $80B hit, cruises shun Asia to avoid virus | Daily Brief
02/15/2020|12:54:05 AM|
The coronavirus impact may last until the second quarter of 2021, industries are feeling the pinch beyond China, with the full impact remains to be seen.
F1 Grand Prix postponed, global airlines to lose $4 billion | Daily Brief
02/12/2020|11:06:29 PM|
ICAO forecast a decline in global traffic of 16.4 million passengers, the hotel industry could end up having to deal with the virus impact for the next 12 months.
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.
Coronavirus causes collapse in Chinese travel
01/31/2020|1:29:05 AM|
Although the vast majority had left before the travel restrictions took effect, the prospect of a record-breaking year was gone.
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.
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