Search results for “travel and tourism”
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.
China offers airlines subsidies; Finnair considers layoffs | Daily Brief
03/05/2020|10:15:56 PM|
The head of the US Chamber of Commerce said the government will not need to bail out US airlines; Bookings from China to Canadian province declined 70% between March and October.
Expedia freezes China listings; ITB China 2020 postponed | Weekly Review
02/20/2020|10:08:28 PM|
China may see losses of USD 430 billion by the coronavirus disruption on travel for 2020; It plans cash injections and mergers to bail out aviation.
What’s next for Trip.com Group as coronavirus crisis subsides in China?
04/02/2020|2:56:14 PM|
CEO Jane Sun said the company needs to provide the travel service in a very safe and methodical way when a lot of people would like to travel after being locked down for two months.
Tourism rebound expected in May as epidemic ebbs
03/24/2020|3:25:25 PM|
43% of interviewees said they would travel in H1 2020, with 16% choosing May, followed by June, July, and August (15% each).
UK high street ‘not geared up’ for boom in Chinese tourism
01/23/2020|5:31:06 PM|
Luxury brands are the best prepared to cater to their Chinese clients.
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.
The coronavirus’s effect on tourism will carry into 2021
02/14/2020|2:55:02 PM|
For luxury travel agency Embark Beyond, almost 75% of travelers have canceled February and March departures to Southeast Asian countries.
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ANA partners Skyscanner on direct booking; Travelzoo furloughs global workforce | Daily Brief

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