Coronavirus Travel News

If this coronavirus panic drags on, we may see otherwise healthy airlines go bust. But that is not the case here. Flybe was in trouble well before coronavirus.

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.

While dealt a blow by coronavirus, the cruise industry is managing to hold the line on pricing, at least for now. The long-term impact of the crisis remains to be seen, but the cruise industry has weathered many others in the past.

U.S. travelers are taking a wait-and-see approach to the evolving coronavirus situation, with few canceling just yet. But most American travel happens domestically, and as the virus spreads within the country, that may soon change.

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.

Willie Walsh has accumulated decades of experience across the aviation industry, and he's big enough to admit he's made mistakes in the past. The situation looks bleak at the moment, but what happens when the market recovers?

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.

If — or more likely when — coronavirus hits the United States, few travelers will act rationally. That's bad news for U.S. airlines, which could be flying empty airplanes in the not-too-distant future.

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.

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.