China’s business travel market posted a growth rate of 5.9% last year, while the average annual growth rate in 2013-2018 was 11%.
Guests were previously only required to use the health QR codes upon entering dining venues, but now they are required resort-wide.
Global mobile payment solution provider Ksher said it has secured millions of US dollars; China’s airlines see only a short-term hit from the coronavirus outbreak.
This could lead to a corresponding reduction in 12%-14% of the jobs.
CAPA warns that most carriers will go bankrupt by the end of May without government support.
Japanese cruise line blamed coronavirus for its bankruptcy; Thailand projected 6 million fewer visitors this year.
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.
Asia-Pacific destinations continue to report a hotel occupancy impact amid the outbreak; China Eastern launched a fresh carrier.
