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Search results for “cost cut”
TikTok challenges Ctrip, Meituan; Skyscanner offers free ad slots | Daily Brief
07/30/2020
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12:23:21 AM
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A study finds that China's outbound tourism will recover in 6-12 months; Japan, China agree to work toward resuming travel.
Marriott CEO Arne Sorenson on the future of the hospitality industry, masks, and furloughs
07/24/2020
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3:58:41 PM
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Prior levels of business will not return until beyond 2021.
How this travel startup became profitable during the pandemic
07/23/2020
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11:29:08 AM
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Snaptravel’s profits have been growing since July 1 when weekly bookings matched pre-pandemic levels.
The mega-hub airport's battle to remain relevant
07/05/2020
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1:56:52 PM
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There will be a need for both hubs and opportunities for those longer and thinner routes.
Air Canada raises additional C$1.2B in cash
06/23/2020
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6:46:06 PM
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Air Canada says it now expects to end the second quarter of 2020 with about $9 billion in liquidity.
Beijing eases restrictions; Seychelles featured on Mafengwo | Daily Brief
07/04/2020
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2:51:40 PM
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First airlines go live with Skyscanner’s new options and ancillaries direct booking; Hainan cuts jet fuel prices for Chinese and foreign airlines.
Japan to ease travel curbs for China; Canada updates Hong Kong advisory | Daily Brief
07/02/2020
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6:45:06 AM
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Around 90% of staff at Cathay Pacific agreed to take unpaid leave in a second round of cost-saving measures; Chinese hotel chain Huazhu recorded a 15.7% drop in Q1 net revenue.
Tuniu appoints financial controller; Chinese airlines on track for recovery | Daily Brief
05/30/2020
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2:37:22 PM
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Trip.com Group posted a 62% drop in accommodation and a 29% decrease in transportation; Global travel disruptions are the top concern for American businesses in China.
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