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Search results for “cost-reduction”
Huazhu Group reports 18% RevPAR decline from pre-pandemic level
10/28/2021
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12:57:38 PM
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The blended RevPAR of Legacy-Huazhu during the Golden Week recovered to only approximately 82% of the 2019 level.
Sequoia Capital China slashes Meituan holding amid regulatory woes
11/01/2021
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2:04:03 PM
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Investors are concerned that tightening regulations will inexorably increase the cost of employing gig workers.
‘Forever Changed’: CEOs are dooming business travel — maybe for good
09/03/2021
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2:43:16 PM
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The hotels sector could see a dip of as much as 18% by 2022 as virtual meetings replace 27% of corporate travel volumes, a Morgan Stanley study shows.
CWT CEO: Accelerating global strategies and investing in China after restructuring
09/16/2021
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2:03:25 PM
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Global scale and capabilities ensure the company can differentiate itself from fledgling startups.
Sabre reports a net loss of $266 million for Q1, and will not give guidance at this time
05/05/2021
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5:13:20 PM
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Sabre’s first quarter revenue decreased by 50%, and global bookings were down by 55%.
US granting visas to Chinese students; Upcoming holiday travel to be allowed | Daily Brief
08/25/2021
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11:32:30 PM
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China resumes partial flights as Covid-19 risks fall; Pre-sale tourism packages booming despite COVID-19.
Disney parks and experiences revenues nearly halve, but net income doubles
05/15/2021
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9:55:55 AM
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The company estimated an additional USD 1.2 billion impact on the Disney Parks, Experiences and Products segment operating income compared to the prior-year quarter.
The current state of airline pricing post-Covid
05/13/2021
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3:05:44 PM
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Users are also looking at sustainable and environmentally friendly flight options, thus making it necessary for flight operators to be multimodal in their approach towards pricing and availability.
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