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Japan to begin talks with China and Brunei on easing travel curbs
07/02/2020
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11:09:52 AM
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Only 1,700 foreign travelers are estimated to have arrived in May.
Cathay unveils $5B bailout plan; Asian countries to build more travel bubbles | Weekly Review
06/14/2020
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10:50:01 AM
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China's aviation regulator plans to increase international flights as the demand is skyrocketing; Thailand said China, Japan are interested in travel bubbles.
E-commerce site JD buys into tour operator Caissa; Thousands of hotels closed | Daily Brief
04/28/2020
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10:41:52 PM
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China saw a declined growth rate of 5.9% in business travel last year; 74.29% of the Chinese hotels and inns have ceased operation due to COVID-19.
Disney's Shanghai park to reopen; WeChat takes museums to cloud | Daily Brief
05/07/2020
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12:12:57 AM
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Disney will begin a phased reopening of its Shanghai theme park next week; Australian travel tech firm Aeronology inked a global distribution deal with TravelSky.
Trip.com to borrow up to $1.5B; Airbnb lowers valuation by 16% | Daily Brief
04/03/2020
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11:02:25 PM
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An investment firm indirectly associated with Trip.com Group wants to privatize online classifieds marketplace 58.com; OYO's CEO will forego his salary for the rest of the year.
Chinese airlines see significant Q1 losses, mull buying embattled Virgin Australia | Daily Brief
04/20/2020
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11:13:25 PM
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Three state-owned Chinese airline giants expect significant losses in the quarter; Beijing reopens 30% of its major tourist sites.
Fosun Tourism raises $988M; Forward bookings in China show dramatic rebound | Daily Brief
03/23/2020
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11:34:25 PM
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Chinese tourist arrivals to Japan dropped 87.9% in February; Hainan government announced a USD 21.2 million rejuvenation plan for the island’s beleaguered tourism industry with duty free shopping at the heart.
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.
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