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Search results for “budget hotel”
OTA boss advises mobile tech to fight virus; Marriott sees recovery in China | Weely Review
03/21/2020
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5:38:25 PM
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Asia's largest online travel group expects its net revenue to drop by nearly half in Q1; China's air regulator moved to divert incoming international flights from Beijing to elsewhere.
Competition Commission orders detailed probe against MakeMyTrip, OYO
02/27/2020
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3:54:37 PM
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Treebo has alleged that MakeMyTrip's vertical integration with OYO creates significant barriers of entry given the network effects.
Expedia rescinds 2020 guidance; Airbnb widens losses | Weekly Review
03/14/2020
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10:29:49 AM
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OYO undergoes massive downsizing in China, while its local rivals merged amid the virus outbreak; Shanghai Disney reopened some shopping, dining and entertainment options.
OYO China operations are on the brink of collapse
03/12/2020
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3:32:29 PM
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OYO China has slashed around 7,000 jobs with a current head-count at 2,734.
OYO is cutting 60% of its China staff
03/04/2020
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1:53:21 PM
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The layoff scale will vary by business division, from 70% to 80% of the tech team to 60% to 70% for business development teams.
Corporate travel to take a $560B hit; searches for flights up 138% | Daily Brief
03/02/2020
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4:49:38 PM
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China allocated USD 814 million to support project construction in the cultural tourism industry; Singapore Airlines is cutting pay for management staff.
Abandoned Hong Kong hotels go into survival mode amid virus fallout
02/26/2020
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3:18:10 PM
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The leadership of hotel CEOs in keeping their companies whole.
China considers airlines bailout; OYO fights to keep hotels open | Daily Brief
02/19/2020
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12:07:04 AM
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Malaysia looks to locals and non-Chinese visitors in fulfilling tourist-arrivals target; China plans to take over indebted conglomerate HNA Group and sell off its core airline assets.
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