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Search results for “decrease”
Trip.com Group sees strong recovery momentum in international travel
03/07/2023
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6:48:52 AM
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Outbound air-ticket bookings and hotel bookings increased by over 200% and 140% year over year in the fourth quarter.
Alibaba reorganizes into 6 units; Club Med owner says resort is ‘not for sale’ | Daily Brief
03/29/2023
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11:21:40 PM
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Meituan co-founder acquires AI startup; Hong Kong’s travel industry council builds new B2B platform.
Club Med owner Fosun Tourism narrows annual loss to $77 million in 2022
03/27/2023
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11:07:17 AM
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The business volume of Club Med in Mainland China recovered to 54.3% of that of the same period in 2019.
Meituan’s local commerce segment shines even in tough Q4
03/26/2023
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11:06:18 AM
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The company shared that operating profit of its local commerce segment, led by the food delivery business, rose by 41% in Q4, even as its hotel and travel business suffered during the same period.
Tencent-invested travel company reports 18.8% drop in Q4 revenue; visa applications by Chinese group tourists surge | Daily Brief
03/21/2023
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6:56:11 PM
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Hong Kong’s MTR Corporation adds 5 new mainland destinations; probe into China Eastern Airlines flight crash continuing.
Chinese airlines add more overseas flights as industry eyes post-pandemic recovery
03/17/2023
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12:08:02 PM
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Accumulated passenger flights as of Sunday were 25,900, an increase of 187% over the same period last year, but a decrease of 86% from the same period in 2019.
Why Chinese tourists are not totally ready to make a revenge comeback
03/20/2023
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11:22:05 AM
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The weak Chinese yuan against the dollar is eroding the purchasing power of Chinese outbound tourists.
Upscale hotel group New Century reports 17% revenue decrease in 2020
03/15/2021
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9:45:34 PM
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The RevPAR of mid-scale full service hotels was RMB181.5 in the second half of 2020, representing an increase of 88.5% from RMB96.3 of the first half of 2020.
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