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Hotel markets throughout Asia Pacific show coronavirus impact
02/26/2020
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1:07:22 PM
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Macau saw the steepest occupancy decline (-97%), falling from absolute level of 96% to just 3% between 6 January and 16 February.
OTA seeks $1.2 billion loan, tourism slowdown spreads in Asia | Daily Brief
02/15/2020
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12:54:56 AM
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Travel advisers projected 10%-15% off in the $45.6 billion global cruise industry, major Chinese park operator warned of epidemic impact on $320 million asset-backed notes.
Billion-dollar trade events hit, luxury brands suffer - Virus Updates
02/08/2020
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12:16:43 AM
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At least 61 people onboard a cruise ship off Japan have tested positive for the coronavirus; Hong Kong Airlines will cut 10% of its workforce.
OAG: As Thailand slows, Japan grows
11/12/2019
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10:18:34 AM
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The Top 10 International Country Markets from China recorded on average 5.7% growth in seat capacity in the three months between Jun and August 2019.
SoftBank looks to Oyo after WeWork setback
09/19/2019
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4:18:00 PM
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80 percent of hotels in OYO's core markets of India and China are unbranded, giving the group a ready pool of neglected outlets to sign up. While it is a completely different picture in Europe and North America.
OYO to raise $200 million for luxury push in US
09/18/2019
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9:54:47 PM
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OYO is reportedly going to create a separate entity in the US to help it acquire and run four- and five-star hotels, and is likely to own a minority stake in this entity.
MGM Resorts acquires stake in Sydell Group
09/02/2019
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2:32:26 PM
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MGM Resorts International now might find a boost through diversification and spending to increase its earnings.
Executives optimistic despite pressures in China
08/21/2019
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6:14:20 PM
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Most major hotel companies reported softer revenue-per-available-room growth in China during the second quarter because of the ongoing U.S.-China trade war as well as protests in Hong Kong.
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