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Search results for “decline”
Hotel giant Huazhu reports 15.7% drop in Q1 revenue, expects further decline in Q2
07/01/2020
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10:22:38 PM
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Huazhu expects net revenues to decline 32% to 34% year-over-year in the second quarter of 2020, or 35% to 37% if excluding the addition of Deutsche Hospitality.
Shanghai reopens; Chinese group weighs $1 billion sale of US luxury hotels | Weekly Review
06/05/2022
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7:25:48 AM
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Train accident killed driver and injured eight; Marriott partners with Ant Group to enhance digital operations in China.
Huazhu posts bigger loss in Q1, expects revenue to drop 2%-6% in Q2
05/31/2022
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6:06:41 AM
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Revenue excluding DH is expected to decline 23% to 27% in the second quarter, mainly due to large impacts from Omicron variant outbreak in China.
Huazhu better equipped to deal with ups and downs of the business cycle
06/02/2022
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10:47:10 AM
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Taking care of its stakeholders and refining its sales strategy as per the demand being seen locally, the hotel company believes it is now better prepared to deal with uncertainty.
China’s reopening plans spark rally in stocks; India replaces China as Thailand’s top tourism market | Daily Brief
05/31/2022
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6:26:34 AM
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Hotel giant posts bigger loss in Q1, expects revenue to drop 2%-6% in Q2; More carriers resume domestic flights from Shanghai.
‘Grim’ April plunges Chinese ‘Big Three’ domestic traffic to record low
05/18/2022
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3:28:23 PM
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China Eastern’s domestic RPKs were down 90% from a year ago, while capacity shrank 88% year on year.
Macau shuts most businesses, restaurants amid mass testing
06/20/2022
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3:44:49 PM
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The testing is expected to end on Tuesday.
China's air traffic decline slows down; Global aviation losses to top $84 billion | Daily Brief
06/11/2020
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7:18:45 AM
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The Chinese air passengers were down by 52.6% year-on-year in May, compared with a 68.5% year-on-year decline in April; Skyscanner finds post-COVID travel anxiety is easing.
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