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Search results for “economic crisis”
Accor’s revenue reduces nearly 60% in 2020, but Huazhu invests more
02/24/2021
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5:55:57 PM
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In China, the recovery observed from the second quarter onwards gathered pace quarter after quarter, resulting in a 44.2% decline in RevPAR over the year.
The intersections of tomorrow’s hotel industry
04/22/2021
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2:18:23 PM
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The hotel will thus become a multi-purpose living space, both traditional and new, and will be able to propose synergies between all its services.
Indian groups worry about China travel curbs; Cathay eyes limited London return | Daily Brief
04/10/2021
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12:27:16 AM
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Global domestic air demand declines largely due to weakness in China travel; Genting Hong Kong reveals $1.72 billion annual loss.
NYC launches historic $30M ad push to get tourists back to Big Apple
04/22/2021
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4:27:04 PM
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New York City is launching a $30 million tourism advertising campaign.
On track to recovery, China’s home-share industry sees great potential
01/26/2021
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11:27:51 AM
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Branded properties accounted for only 5.6% of the alternative accommodation market, which was dominated by small- and medium-sized brands.
COVID-19 tourism spend recovery in numbers
03/30/2021
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12:07:21 PM
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China’s cumulative tourism expenditures will drop 20%-25% by 2025 compared with pre-Covid-19 predictions.
Global theme park brands accelerate expansion; China plans "1-2-3 Travel Circle" | Daily Brief
03/15/2021
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11:28:56 PM
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TravelSky projects annual net profit of more than $60 million; China to ease domestic travel restrictions, allowing train travel without COVID-19 test report.
Hotel membership operator raises fund; expense management startup invested by Tencent | Weekly Review
03/21/2021
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1:46:52 PM
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Trip.com Group counts Baidu as top investor, overseas revenue drops significantly; China asks visa applicants to get inoculated with Chinese-made vaccines.
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