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OTA seeks $1.2 billion loan, tourism slowdown spreads in Asia | Daily Brief

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.

02/15/2020|12:54:56 AM|ChinaTravelNews

F1 Grand Prix postponed, global airlines to lose $4 billion | Daily Brief

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.

02/12/2020|11:06:29 PM|ChinaTravelNews

Billion-dollar trade events hit, luxury brands suffer - Virus Updates

At least 61 people onboard a cruise ship off Japan have tested positive for the coronavirus; Hong Kong Airlines will cut 10% of its workforce.

02/08/2020|12:16:43 AM|ChinaTravelNews

F1 Shanghai race at risk, Indonesia could lose $4 billion - Virus Updates

Formula One's Shanghai Grand Prix is in jeopardy amid growing fears over the coronavirus; Tokyo Olympic organizers worried the virus outbreak could "pour cold water" on the upcoming games.

02/07/2020|12:16:07 AM|ChinaTravelNews

Europe mulls US-type travel ban, Disney expects $175m loss - Virus Updates

Hong Kong will quarantine tourist arrivals from mainland China; at least two Asian airlines have asked their staff to take unpaid leave.

02/06/2020|1:07:47 AM|ChinaTravelNews

UK citizens told to leave China, Cathay to cut 90% China flights - Virus Updates

Indonesia decided on imposing China travel ban to prevent virus from spreading; Macao casinos to close for 2 weeks.

02/04/2020|11:33:24 PM|ChinaTravelNews

Russia shuts border, 6,000 passengers held on cruise - Virus Updates

Airlines and major hotel chains are waiving cancellation fees, but recouping all the costs associated with trips canceled due to coronavirus fears is far from guaranteed.

01/30/2020|11:35:03 PM|ChinaTravelNews

China’s cruise industry projected to create 460 billion yuan by 2035

Asia’s cruise market is sailing into a golden era, powered by significant growth in China. By 2035, China’s cruise industry is projected to generate 460 billion yuan in revenue.

08/10/2018|9:19:56 AM|ChinaTravelNews
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