Coronavirus

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Sabre to invest $150M in technology as operating income drops 35% for full-year 2019

By Steven Lerner | February 26, 2020

To reverse its disappointing financial results, Sabre outlined a strategic priorities plan, which includes an incremental spend of $150 million on technology in 2020. Read More

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IATA forecasts coronavirus will reduce airline revenue by nearly $30B

By Robert Silk - Travel Weekly | February 25, 2020

Of the $29.3 billion in lost revenue that IATA forecasts, $27.8 billion would be lost by Asia Pacific carriers. Read More

News / Distribution

Accor talks up loyalty deals, seeks new partners for some business elements

By Linda Fox | February 21, 2020

Accor highlights big plans for loyalty partners as it announces full-year results for 2019. Read More

News / Online

Travel reservations in China down 79% amid coronavirus scare

By Jill Menze | February 21, 2020

According to data analyzed by TravelgateX, travel reservations in China fell 79% in January and are down 90% so far in February. Read More

News / Online

Coronavirus, Viator rebranding among top concerns for Tripadvisor’s potential growth

By Steven Lerner | February 19, 2020

As Tripadvisor aims to grow in 2020, what are the big headwinds to watch out for? Read More

News / Distribution

Chinese airline industry could take years to recover from coronavirus

By Robert Silk - Travel Weekly | February 19, 2020

Passenger traffic at China's airports will fall by 30% this year due to the COVID-19 coronavirus, which will likely lead to a restructuring of the Chinese airline industry Read More

News / Online

Trip.com Group wants $1.2B loan as coronavirus tests China’s economy

By Steven Lerner | February 17, 2020

As companies in China grapple with the economic impact of the coronavirus outbreak, the country’s largest online travel agency aims to gauge investor risk appetite. Read More

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News / Technology

Coronavirus upends revenue management strategies for hotels and airlines

By Mitra Sorrells | February 14, 2020

The growing coronavirus outbreak is creating challenges for revenue managers across all sectors of the travel industry. Read More

News / Online

Barry Diller cites “dumb things” and “mistakes” as Expedia still ends 2019 on financial high

By Steven Lerner | February 14, 2020

In his first earnings call since taking over day-to-day operations for Expedia Group, Chairman Barry Diller very candidly outlined his 2020 plan to “drive sustained growth.” Read More

News / Online

Revenue drops for Trivago as challenges from Google, Coronavirus escalate

By Steven Lerner | February 12, 2020

Axel Hefer, CEO of Trivago, wants to “challenge” the way business is done with Google after the Düsseldorf, Germany-based company posted disappointing financial results. Read More

News / Online

MakeMyTrip separates roles of CEO and exec chairman, coronavirus cancellations begin

By Steven Lerner | February 11, 2020

MakeMyTrip’s co-founder and CEO of the India business, Rajesh Magow, has been elevated to group CEO, a role previously held by founder Deep Kalra. Read More

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