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...
Japanese authorities are racing to contain a possible outbreak of the Wuhan coronavirus after it was revealed that an infected passenger flew into Tokyo and spent a few days aboard a Princess Cruises ship, forcing authorities to lock down the vessel and quarantine thousands of people on board.
The ship, the Diamond Princess, ended its planned 14-day itinera...
On January 25, ChinaTravelNews’ parent company TravelDaily joined the volunteer assistance group that calls for more hotels and even homestay operators to take part in the program, and took part in the verification of volunteer accommodation providers.
Hotels under major chains like Huazhu, Jinjiang, BTG Homeinns and Dossen International are participating...
The United Arab Emirates is the latest country to announce the suspension of flights to and from China — with the exception of the capital Beijing — in an effort to contain the new coronavirus, its state-run WAM news agency announced Monday.
The suspension will come into effect on Feb. 5, the UAE’s General Civil Aviation Authority (GCAA) said in a statem...
The influx of Chinese tourists to the Philippines and other Southeast Asian countries would take a hit from the outbreak of Wuhan coronavirus, but most economies in the region were expected to be ready in offsetting any potential economic impact of the illness, UK-based Oxford Economics said Sunday.
“The Wuhan coronavirus outbreak could potentially be a hi...
