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Business travel sector to lose US$820b revenue on coronavirus hit: industry group

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The global business travel sector is expected to take a revenue hit of about US$820 billion, with China accounting for nearly half of the losses, as corporates curb travel plans in the face of the novel coronavirus epidemic, an industry body said on Tuesday.

[BENGALURU] The global business travel sector is expected to take a revenue hit of about US$820 billion, with China accounting for nearly half of the losses, as corporates curb travel plans in the face of the novel coronavirus epidemic, an industry body said on Tuesday.

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