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Search results for “American Hotel”
Booking sells $106M Trip.com stake; United may resume China flights | Daily Brief
04/07/2020
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11:35:20 PM
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The world's largest online travel group cut the stake in its Chinese counterpart by over 3 percentage points; Accor and Alibaba extend their strategic partnership.
Asia is restricting visitors; Agoda offers long-term stays | Daily Brief
03/16/2020
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11:21:21 PM
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Trip.com Group-backed hotel firm reported virus impact of RMB 20.77 million in 38 days; Scandinavian airline SAS will temporarily lay off 10,000 employees, or 90% of its workforce.
With millions unemployed, hotel industry lobbies to spend stimulus on other needs
04/20/2020
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1:46:48 PM
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The stimulus package requires hotel owners to rehire their staff by the end of June, but many owners say they have little idea when the business will return.
Marriott's March RevPAR drops 83% in Greater China
04/15/2020
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6:06:19 PM
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The world's largest hotel group expects its global RevPAR to decline by 23% in the first quarter.
Airbnb loses $276M in Q4; Trip.com taps into virtual banking | Daily Brief
03/13/2020
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10:12:26 PM
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Expedia is withdrawing its adjusted EBITDA guidance due to growing virus impact; Global hotel transaction volumes in 2019 reached USD 66 billion last year.
Hotel Shilla closes $121m deal to buy stake in 3Sixty Duty Free
04/09/2020
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4:53:22 PM
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The deal allowed Hotel Shilla to become the second-largest shareholder after 3Sixty Chairman Bernard Klepach.
Beijing warns against US travel; France sees 30%-40% less visitors | Daily Brief
02/24/2020
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8:56:36 PM
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Juneyao Airlines will be indefinitely postponing the launch of new European routes; AI tech firm raised $42 million in funding.
F1 Grand Prix postponed, global airlines to lose $4 billion | Daily Brief
02/12/2020
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11:06:29 PM
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ICAO forecast a decline in global traffic of 16.4 million passengers, the hotel industry could end up having to deal with the virus impact for the next 12 months.
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