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Search results for “cruising industry”
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.
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.
Shanghai Disney partially reopens; Trip.com launches travel presales | Daily Brief
03/09/2020
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11:38:41 PM
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Trip.com has launched presales of admissions to some 300 scenic spots, air tickets, accommodation and tour packages; Google's travel ad revenue may drop 10.2% in second quarter.
State-owned bank bails out OTA; airlines to see first traffic drop in a decade | Daily Brief
02/21/2020
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11:21:10 PM
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The Industrial and Commercial Bank of China will provide a USD 86.7 million loan to online travel giant Trip.com Group; RevPAR of Hyatt hotels declined 90% last month in China.
OTA chief cuts salary; event cancellations cost $1B | Daily Brief
03/11/2020
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12:24:19 AM
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The direct economic loss from the cancellation from nine major tech conferences already surpassed USD 1 billion; A Disneyland Paris maintenance worker tested positive for coronavirus.
Cruises, air travel expected to take financial hit from coronavirus
02/13/2020
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3:09:16 PM
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Cruise operator Carnival Corporation halted business at Chinese ports and received trip cancellations in other parts of Asia.
Asia is restricting visitors; Agoda offers long-term stays | Daily Brief
03/16/2020
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11:21:21 PM
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Trip.com Group-backed hotel firm reported virus impact of RMB 20.77 million in 38 days; Scandinavian airline SAS will temporarily lay off 10,000 employees, or 90% of its workforce.
Airbnb freezes check-ins, Chinese travel demand drops 40% - Virus Updates
02/10/2020
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6:41:37 PM
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The spread of the coronavirus has raised concerns over the prospects of Asia's most popular destinations including Thailand, Japan and South Korea.
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