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Search results for “cost cut”
Shiji’s deal with Baoku lends a new dimension to platform strategy
04/10/2018
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8:01:16 AM
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In addition to knowing about consumers’ activities, Shiji is set to learn details about their business travel via Baoku’s cloud-based travel management platform.
Cathay nears end of tunnel with surprise second-half profit
03/14/2018
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1:49:47 PM
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Cathay reported a surprise profit in H2 2017, with a pick-up in cargo and premium-travel demand helping narrow the full-year net loss to HK$1.26 billion ($161 million), well below analysts’ expectations for HK$2.26 billion.
Hotels win small victory: So why are we still arguing about OTAs?
02/12/2018
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2:49:51 PM
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Hotel chains are making some inroads because hotel loyalty rates – whereby loyalty members get unique discounts for booking direct – are paying off after all.
Alibaba-invested repricing startup Hotelmize eyes expansion in China and Asia
04/29/2020
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9:56:10 AM
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While saving costs for travel companies means cutting hotels’ profits, Hotelmize said hotels will need to improve pricing methods.
Qatar Airways keen on taking a bigger slice of Cathay Pacific
12/15/2017
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5:15:09 PM
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Qatar Airways is interested in raising its stake in Cathay Pacific, provided the move doesn’t “disrupt” the holdings of the top two major investors, Swire Group and Air China.
Chinese tourists won't help Asiana Airlines much
12/01/2017
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10:11:10 AM
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Asiana Airlines, South Korea’s No. 2 carrier, is increasingly dogged by rising borrowing costs just as stiff competition from low-cost rivals looms over a potential rebound in its China business.
HNA's airlines miss lease payments
12/06/2017
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9:59:10 AM
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Airlines owned by Chinese conglomerate HNA Group have missed payments due on leased aircraft, the chief executive of lessor Aergo Capital has told industry publication FlightGlobal.
Lifestyle service platform Meituan sets to challenge Alibaba, Didi
11/21/2017
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10:35:33 AM
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Meituan-Dianping, the world’s fourth-largest startup by valuation with 290 million monthly active users, has reached a scale that sets it on a path to challenge larger rivals such as Alibaba, Didi and Ctrip.
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