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Search results for “economic downturn”
The threat in Ctrip’s internationalization and the opportunity for travel startups
02/05/2019
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8:17:19 AM
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With competitive services, quality control and lower cost, the established players usually gain the greatest traction in user traffic and capital support, and will ultimately dominate the fragmented markets.
Uplift raises $123 million to broaden its travel loan services
01/24/2019
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2:57:07 PM
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Consumers with high credit scores are increasingly tempted into splurging on luxury trips if companies lend them credit on attractive terms, said an executive at Uplift.
Economic downturn forces Chinese tourists to roam closer to home
10/08/2015
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10:39:54 PM
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Growth in international travel bookings from China fell in August for the first time since at least 2010 and continued to decline through September.
Chinese tourists continue to spend despite economic turmoil
09/06/2015
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10:41:45 PM
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Chinese tourists spending slightly in the region, tourism-related businesses in such destinations as Japan, Thailand and Australia said business is still booming.
Cathay Pacific profits plunge amid fierce competition
08/18/2016
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11:30:25 AM
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Hong Kong-based carrier Cathay Pacific has reported 82% drop in half-year profits amid fierce competition and economic slowdown in China.
The disappointing life of hotel industry booking site Room Key
07/12/2016
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10:33:19 AM
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Room Key, launched in January 2012, is the brainchild of six major hotel chains. However, it turns out to be a disappointment due to unreasonable profit model, limited marketing budget and pop-under ads.
Chinese tourism to Taiwan tumbles sharply on tense relations
06/16/2016
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5:04:43 PM
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Airlines cancel routes due to declines in group visitors and group permit applications are also down, signaling more declines.
Online hostel booking platform QmanGo completes a new round of investment
05/31/2016
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9:28:27 AM
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Online hostel booking platform QmanGo has won investment from Million Tons Capital and KeyTone Ventures in its latest investment round.
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