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OTA giant names new chief; Travel group expands destinations | Weekly Review
12/27/2020
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5:35:14 PM
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CTS Group buys 34% stake in "micro vacation" resort brand for $23 million; Hotel digital solution provider Lumous closes Series B round.
China is much closer to recovering hotel ADR than Europe, US
12/22/2020
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12:28:07 PM
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Supply growth in China slowed this year even after demand improved toward pre-pandemic levels. Europe and the U.S. will likely experience a similar trend.
Hong Kong bans flights from UK; China's first Legoland park breaks ground | Daily Brief
12/23/2020
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6:23:53 AM
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China is much closer to recovering hotel ADR than Europe, US; China Eastern works with Juneyao Airlines, China Telecom to offer in-flight Wi-Fi.
How will Airbnb, Vrbo, Booking.com and others grow their rental inventory?
12/17/2020
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8:01:21 AM
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While long stays do take inventory off the shelf for a longer period of time, any stay is a great outcome for all parties involved.
Central government yet to consider resumption of group travel to Macau
11/20/2020
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9:52:53 PM
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Macau is recording a slight improvement in its tourist arrivals this month, compared to data from October.
China's COVID-free "Hawaii" chases local tourist dollar with a vengeance
12/07/2020
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4:05:17 PM
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Tourism spending has got a leg up since a new duty-free spending cap of RMB 100,000 (USD 15,186) for travelers took effect in July, up from RMB 30,000 earlier.
Tour operator has 180 days to buy OTA stake; Carnival China prepares new team | Daily Brief
11/21/2020
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10:24:33 AM
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Firms looking to cash in on travel bug of senior citizens; Hong Kong looks to mainland China for the next air travel bubble.
China reports a total number of 9,923 star-rated hotels in Q2
10/29/2020
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5:28:43 PM
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Occupancy rates and RevPAR fell year-on-year in all the top 10 destinations, but nine out of the top 10 posted rises in ADR.
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