China Travel News

Businesses in the times of coronavirus are damned if you do, damned if you don’t. Travelzoo’s decision to exit Asia-Pacific when signs of recovery are being spotted in China is a good example of that.

To hear that signs of recovery are in sight from China’s biggest travel firm is offering the battered tourism industry a glimmer of hope.

Major hotel chains are undertaking financial moves to get past the coronavirus crisis. But without governmental relief, it likely won't be enough.

This is a highly unusual action. It's unclear why the U.S. government would believe a company would compromise the sensitive personal data of U.S. citizens just because it's based in China.

Numerous travel companies, private and public, have seen their valuations taken down a peg by coronavirus. But Oyo's China business, where it fields about 60 percent of its rooms, and its ongoing operational problems in other regions exacerbate its likely valuation decline.

Radisson Hospitality AB doesn't have a large number of guests from China or elsewhere in Asia staying in its hotels, so for now it isn't seeing much of an effect. That could change though, if the outbreak worsens in Europe.

Hyatt Hotels had a strong year in 2019, so the story it had to tell on Thursday wasn't all dreary. The problem is that shareholders and guests hate uncertainty. And so far the travel industry faces nothing but uncertainty, left beholden to how the coronavirus crisis evolves.

For the moment, the drop in fuel price is benefiting Air France-KLM, but if the coronavirus outbreak doesn't ease off, this could all change.

Oyo appears to be taking its once-explosive global expansion strategy down a few notches, and that could be a good thing for the young company in the face of still-uncertain impacts from the coronavirus and the reputational damage it recently suffered. These losses aren't pretty.

The coronavirus not only exposes the varying political alignments between Asian governments with China, but also their different approaches to crisis communications, all of which would have knock-on impacts on travel confidence to a country.