Global News

Coronavirus stalls travel beyond China

According to ForwardKeys, the travel setback caused by the Coronavirus outbreak has now spread beyond China, with other parts of the Asia Pacific region experiencing a 10.5% slowdown in outbound travel bookings for March and April, excluding trips to and from China and Hong Kong.

The Coronavirus stalls travel beyond China
Global News

European Tourism sector continues to defy increased global risks

Europe saw its number of international tourist arrivals expand by 4% in 2019 compared to the previous year to remain the most visited region worldwide. The US remains the largest long-haul source market of tourist arrivals to European destinations. As China is one of the major outbound travel markets worldwide, restrictions and bans to prevent the spread of COVID-19 will take a toll on the tourism industry

European Tourism sector continues to defy increased global risks
Global News

Coronavirus: Occupancy falls 75% over 2 weeks

Preliminary data and analysis from STR shows a hotel occupancy decline of 75% in Mainland China from 14-26 January 2020. Performance during the Chinese New Year holiday period was significantly worsened by the outbreak of novel coronavirus (2019-nCoV).

Coronavirus- Occupancy falls 75% over 2 weeks
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