Good news coming from the Far East: Chinese Market in Recovery Mode
Active COVID-19 cases in China peaked on 17 February. Since then the number of active cases has been reducing rapidly. To assist hotels around the world in forecasts during the crisis we are publishing information of how the Chinese market is rebounding reservations since the peak of the epidemic. We hope this can give some comparison of how the hotel market could pick up in other countries. Some Takeaways:
 
Good news coming from the Far East: Chinese Market in Recovery Mode
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Note: This chart has a logarithmic vertical scale.
Shiji is a global technology company dedicated to providing innovative solutions for the hospitality industry, ensuring seamless operations for hoteliers day and night. Built on the Shiji Platform—the only truly global hotel technology platform—Shiji's cloud-based solutions include property management system, point-of-sale, guest engagement, distribution, payments, and data intelligence for over 91,000 hotels worldwide, including the largest hotel chains. With more than 5,000 employees across the world, Shiji is a trusted partner for the world's leading hoteliers, delivering technology that works as continuously as the industry itself. That's why the best hotels run on Shiji—day and night. While its primary focus is on hospitality, Shiji also serves select customers in food service, retail, and entertainment in certain regions. For more information, visit shijigroup.com.
   Travel Demand Is Rebounding in China as Virus Worry RecedesWednesday 18 March 2020 |
 COVID-19 Crisis Recovery Data from China [Updated 31 March]Thursday 2 April 2020 |
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Shiji's China Payments Transactions Index Shows Signs of Recovery Sunday 22 March 2020 |
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