With spring right around the corner, one of the sectors hit the hardest by the novel coronavirus epidemic is gaining steam in its recovery. China's tourism industry is biding its time with multiple innovations and aid for a postponed high season.
As people choose to stay at home during the epidemic outbreak, the tourism industry, along with catering and out...
Talk of coronavirus overshadowed Hyatt Hotel’s strong finish to the year during Thursday’s quarterly earnings call.
CEO Mark Hoplamazian began by acknowledging the company’s staff in the Asia Pacific region, which he said is operating in “extraordinary circumstances and demonstrating a profound commitment to care for their families, for our guests and o...
Chinese travelers and businesses have expressed confidence in the development of the country's tourism industry, although it was hit hard by the coronavirus outbreak.
"China's tourism economy will prove strong resilience against the epidemic," Dai Bin, president of China Tourism Academy, said during an online conference Thursday....
The Universal Studios Beijing is expected to open to the public in May 2021 as scheduled despite the current Cobid-19 (coronavirus) outbreak, an official at the Beijing municipal government told a news briefing on Sunday (Feb 16).
Construction of the theme park, the fifth such Universal Studios in the world, is expected to be completed by the end of 2020, t...
The coronavirus outbreak continues to dampen the hotel industry’s financial outlook for the year.
Wyndham Hotels and Resorts has closed about 70 percent of its hotels in China, and those that remain open are seeing fewer guests, chief financial officer Michele Allen told investors on Thursday during a call detailing the company’s earnings for 2019.
“We ...
The coronavirus outbreak is causing travel demand across the whole Asia Pacific region to slump, data showed on Thursday, as the impact of the flu-like illness on future bookings spreads beyond China.
ForwardKeys, a travel analytics company, said that airline bookings from across the region were 10.5% lower for March and April 2020 compared with last year. ...
Australia will extend its China travel ban as the coronavirus outbreak continues to spread, despite a heavy blow to the nation's tourism and education sectors.
Saturday will mark two weeks since Prime Minister Scott Morrison announced a temporary 14-day ban on foreign travelers who have left or passed through mainland China from arriving on our shores.
He...
The coronavirus epidemic in China could wipe USD 5.9 billion to USD 7.7 billion (Rs 4,21,73,79,00,000 to Rs 5,50,40,37,00,000) from Vietnam’s tourism earnings in the next three months as international travelers stay away from the region, state media said on Friday.
The tourism sector estimated to see two million fewer Chinese visitors due to the virus, whi...
Tokyo-based vacation rental management startup H2O Hospitality has landed $7 million in Series B funding.
Samsung Ventures, Stonebridge Ventures, IMM Investment and Shinhan Capital led the round, bringing the company's total funding to date to $18 million.
H2O’s platform centralizes and automates services such as guest communication, bookings, revenue man...
About 2 million Chinese tourists visit Indonesia per year, says Tourism and Creative Economy Minister Wishnutama.
Minister Wishnutama has estimated that Indonesia is at risk of losing about US$4 million as a result of flight cancellations to and from mainland China amid concerns over the coronavirus outbreak.
“We still need to further assess [the possible...
