Articles tagged “hong kong”

Global Airline Revenue Could Take $5 Billion Coronavirus Hit: U.N. Aviation Body

Global Airline Revenue Could Take $5 Billion Coronavirus Hit: U.N. Aviation Body

Reuters

Airlines have been quick to pull flights to mainland China, but countries across the region are feeling the reverberations in their tourism industries.

3 days ago

Hilton CEO Says Business Could Be Impacted for Up to a Year From Coronavirus

Hilton CEO Says Business Could Be Impacted for Up to a Year From Coronavirus

Nancy Trejos, Skift

Hilton and many other major hotel companies have had to close hundreds of hotels in China in response to the coronavirus. The outbreak could have long-lasting effects on the hotel industry, which has already been grappling with a slowing global economy and other geopolitical issues.

6 days ago

Hong Kong Airlines Will Cut Jobs and Reduce Flights as Coronavirus Hits Travel

Hong Kong Airlines Will Cut Jobs and Reduce Flights as Coronavirus Hits Travel

Shriya Ramakrishnan in Bengaluru and Donny Kwok, Reuters

Hong Kong Airlines was in bad shape before anyone started protesting in Hong Kong. Now it must deal not only with fallout from the protests, but also panic from Coronavirus. It's hard to see how the airline recovers.

1 week ago

Cathay Pacific Calls on 27,000 Workers to Take Unpaid Leave As Airline Struggles From Virus Outbreak

Cathay Pacific Calls on 27,000 Workers to Take Unpaid Leave As Airline Struggles From Virus Outbreak

Associated Press

This is an extraordinary move from Cathay Pacific, but it shows the kind of knife-edge conditions it was operating under.

2 weeks ago

Hong Kong Economy May Be Worst-Hit by Coronavirus Outside China

Hong Kong Economy May Be Worst-Hit by Coronavirus Outside China

Marius Zaharia and Clare Jim, Reuters

Hong Kong certainly didn't need more problems after an exceptionally rocky 2019. But in coronavirus it's found just that.

2 weeks ago

Corporate Travel to China Down as Companies Stop Business Trips

Corporate Travel to China Down as Companies Stop Business Trips

Joanna Partridge, The Guardian

Huge corporations are putting a stop to staff travel to China and Hong Kong as coronavirus fears continue. This is particularly sad for the Hong Kong industry, which has barely recovered from the political protests.

3 weeks ago

Australia’s Tourism Needs a Crisis Communications Plan — Stat

Australia’s Tourism Needs a Crisis Communications Plan — Stat

Raini Hamdi, Skift

With vivid images and videos of a burning Australia, and words such as “apocalyptic” and “atomic” being flung about, the tourism industry needs to quickly deploy a plan that is sensitive and achievable.

1 month ago

When Luxury and Wellness Travel Collide

When Luxury and Wellness Travel Collide

Leslie Barrie, Skift

Wellness and luxury travel overlap in more ways than one — like when high-end hospitality companies start to offer more niche travel experiences. Expect more overlap in 2020.

2 months ago

The Most Important Story in Tourism in 2019

The Most Important Story in Tourism in 2019

Rosie Spinks, Skift

While the story of tourism in chaotic Hong Kong this year is specific to that place, it also points to the tenuousness of the global tourism industry as a whole.

2 months ago

Hong Kong Tourism Board Scraps Traditional New Year’s Eve Celebrations

Hong Kong Tourism Board Scraps Traditional New Year’s Eve Celebrations

Iain Marlow, Bloomberg

Celebrations will be more subdued than normal in Hong Kong this New Year's Eve, a fitting, if unfortunate, end to a year that has seen the tourism and retail sectors take a beating.

2 months ago

Developers Open New Hotels in Hong Kong Despite Plunge in Revenue

Developers Open New Hotels in Hong Kong Despite Plunge in Revenue

Raini Hamdi, Skift

Two of the city's wealthiest families have each opened a new hotel even though protests have severely crimped revenues. Is the show of confidence enough to keep the spirits up this Christmas?

2 months ago

Things Could Get Worse for Hong Kong’s Struggling Airlines

Things Could Get Worse for Hong Kong’s Struggling Airlines

Kyunghee Park, Bloomberg

There's no sign of the situation easing for Hong Kong's beleaguered airlines.

2 months ago