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Air China takes control of struggling Shandong aviation, extends lifeline to Shandong Airlines
03/24/2023
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12:07:08 PM
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Air China paid USD4.8 million to hike its stake in Shandong Aviation to 51.7%.
Accor, Jin Jiang Hotels sign MoU; Flights from China to Japan steadily increasing | Daily Brief
04/07/2023
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6:49:20 PM
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Airbus inks deal for 160 aircraft in China; American Airlines cuts China routes.
Airbus inks deal for 160 aircraft in China; American Airlines cuts China routes | Weekly Review
04/08/2023
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3:05:45 PM
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Shanghai reveals RMB 108 billion investment in tourism; domestic recovery to push China’s ‘Big Three’ back into black.
Booking Holdings sells Meituan stake for $1.7 billion; Didi’s rival restart IPO | Weekly Review
02/25/2023
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11:29:44 AM
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Beijing to construct 245 new museums by 2035; Juneyao Air’s owner aims to cover road travel.
Marriott expects over 500 hotels in Greater China in 2023; DiDi’s autonomous driving starts commercial operation | Daily Brief
03/30/2023
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9:33:00 PM
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Hong Kong tourism watchdog regulates budget tours; MGM China ends 2022 with loss of over HKD 5.2 billion.
Atour Lifestyle aims to operate 2,000 hotels by 2025
03/30/2023
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8:27:15 PM
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The Chinese hotel group reported a net loss of USD 12 million for Q4, but a net income of USD 14 million for full year 2022.
HNA Group commences restructuring with 321 subsidiaries
03/18/2021
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7:38:04 PM
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The restructuring follows creditors of the group filing applications calling for the group’s bankruptcy due to its huge debt crisis with total liabilities amounting to USD 107 billion.
Mainland urges Taiwan to restore direct flights; China travel demand fails to pick up despite reopening | Daily Brief
02/22/2023
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8:28:39 PM
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Robotics startup raises USD 15 million; South Korea to scrap some COVID tests for Chinese tourists.
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