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Search results for “Rate Drop”
Domestic flights further rebound; Searches for China flights rise | Daily Brief
06/04/2020
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11:45:20 PM
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China and Singapore agreed to create a fast lane to facilitate essential travel without 14-day quarantine from June 8; Trip.com Group set up a new unit to invest in startups.
E-commerce giant buys into tour operator; TUI China kicks off holidays | Weekly Review
05/03/2020
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12:22:17 PM
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TUI China focuses on short-haul outdoor trips; Around 74.29% of the Chinese hotels and inns have ceased operation during COVID-19.
Huazhu restructures for global plan; Trip.com Group buys Dutch OTA | Weekly Review
05/23/2020
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9:22:05 PM
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OYO has finally appointed a CEO for its China unit; The world's top 50 hotel brands are losing USD 14 billion in value.
Major OTA reports 43.6% drop in revenue; China buys into Norwegian Air | Daily Brief
05/21/2020
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5:16:44 PM
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Travel distribution firm DerbySoft is building new connections with Airbnb and HotelTonight; Marriott expects East Asia to lead the recovery with millennial customers.
Chinese hotel group GreenTree sees a 33% drop in Q1 revenue
06/05/2020
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2:18:13 PM
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The company expects its total revenues to decrease by 10%-15% for the full year 2020.
Chinese OTA giant faces tougher challenges in second quarter
05/30/2020
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11:55:21 AM
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International transportation accounts for 50% of Trip.com Group's total transportation revenue, so transportation will be more vulnerable to the COVID-19 impact than hotels will.
Hotels on road to recovery in China
05/27/2020
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11:12:36 AM
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Zhengzhou’s hotel occupancy rates, according to STR, have gone from 25% to 60% in just six weeks.
Ctrip launches IHG flagship store, 70% of OYO China hotels reopened | Daily Brief
05/15/2020
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7:36:48 AM
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Chinese carriers are likely to see a full recovery by 2021; Beijing is mulling to cut red tape and fast-track cross-border checks with Taiwan, Hong Kong, Macao and South Korea.
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