The Indian hotel chain OYO is in the process of laying off over 5,000 employees worldwide. China will take the hardest hit due to the impact of the COVID-19.
The COVID-19 a disastrous time for travel-related businesses, as well as all the other service-related industries. Non-essential travel plans have been mostly canceled, all travel platforms are experiencing huge losses due to trip cancelations.
South Africa has signed a two-year agreement with Chinese internet giant Tencent to use its popular social media platform, WeChat, to market tourism to millions in China.
Didi Chuxing released a summary of the travel data for the 2019 National Day holiday that commemorated the 70th anniversary of the People’s Republic of China.
The extended four-day labor day holiday has no doubt contributed to the national economy. According to statistics, the total domestic income from tourism reached as much as 117.67 billion yuan.
