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Search results for “Lateral Holdings”
OYO appoints CEO for its China unit
05/16/2020
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10:33:18 PM
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The China market generated USD 307 million in revenue for OYO in FY2019, but also posted a net loss of USD 197 million, accounting for nearly 60% of the company's total annual loss.
OTAs vow to drop rate parity; Travel recovery to peak after September | Weekly Review
05/16/2020
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10:49:34 AM
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IHG starts flagship store on Trip.com Group; 70% of OYO hotels in China are now back to business.
Booking.com's China head steps down, business unit restructured
03/04/2020
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7:45:17 PM
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The independent China business unit will be restructured and will report to the Asia Pacific and global leadership.
E-commerce site JD buys into tour operator Caissa; Thousands of hotels closed | Daily Brief
04/28/2020
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10:41:52 PM
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China saw a declined growth rate of 5.9% in business travel last year; 74.29% of the Chinese hotels and inns have ceased operation due to COVID-19.
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.
Chinese airlines see significant Q1 losses, mull buying embattled Virgin Australia | Daily Brief
04/20/2020
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11:13:25 PM
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Three state-owned Chinese airline giants expect significant losses in the quarter; Beijing reopens 30% of its major tourist sites.
As travel giants circle, understanding the economics in tours and activities is vital
03/05/2020
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8:58:27 PM
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The situation has been complicated further by vertical integration in the sector, where OTAs purchased B2B offerings.
Alibaba backs Israeli travel startup; Klook buys car-hire firm | Weekly Review
04/04/2020
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10:14:48 PM
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Chinese airlines rescheduled their international flights after national regulators decided to limit the number of international flights to curtail imported COVID-19 cases.
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