Coronavirus Travel News

Coronavirus

Wellness Travel in the Time of Coronavirus

While certain wellness travel trends are on the rise, like sound therapy, they won't drive more bookings as long as the coronavirus is a threat. Wellness travel, along with the rest of the industry, will need to hold tight and hope the outbreak gets under control.
Coronavirus

Oyo’s Post-Coronavirus Valuation Could Fall to Around $6 Billion

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.
Airlines

U.S. Airlines Await Coronavirus Fallout and 4 Other Top Aviation Stories This Week

U.S. airlines have fared far better than their Asian counterparts as coronavirus rages on, but with federal officials warning of an imminent outbreak stateside, the worst is certainly yet to come. Plus, American Airlines cozies up to longtime adversary Qatar Airways in what appears to be a bid to take on Delta.
Coronavirus

Marriott Is Already Reopening China Hotels During Coronavirus Crisis

Marriott was already having trouble in Asia-Pacific in 2019 before the coronavirus impact hit. The company isn't forecasting a major impact outside of Asia, and it's already reopening hotels inside China. It pays to collect fees — and not actually own or run hotels — during a crisis like this.
Airlines

SAS CEO Frets About Coronavirus Crisis Stretching Into Airline’s Peak Summer Months

SAS is correct to raise the possibility that coronavirus will stick around. If the number of cases in Europe continues to rise as we head through the rest of the year, the impact on airlines in the region is only going to increase. The big caveat though, is that fuel prices are likely to remain pretty low in that scenario.