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Hospitality startup K Hotel raises S$2m in seed funding
06/22/2020
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3:03:19 PM
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K Hotel plans to raise S$5 million for its Series A round to further fund this expansion.
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.
Domestic flights further rebound; Searches for China flights rise | Daily Brief
06/04/2020
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11:45:20 PM
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China and Singapore agreed to create a fast lane to facilitate essential travel without 14-day quarantine from June 8; Trip.com Group set up a new unit to invest in startups.
OTA titan buys into more startups; US-China aviation evolves | Weekly Review
06/06/2020
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10:39:59 PM
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E-commerce platform Pinduoduo added flight booking service; Fliggy, Meituan and Trip.com build membership programs for independent hotels.
Amadeus appoints China chief; Chinese visitors to Thailand slump 60% | Daily Brief
05/14/2020
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5:09:21 AM
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Qatar Airways said it was willing to provide equity injection into Cathay Pacific if approached; China is exempting some foreign executives from travel ban.
Palminvest buys Portuguese hotel chain for $335 million
06/04/2020
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5:35:35 PM
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The acquisition is a risk worth taking although it could take up to five years to restore its profits to where they were before the outbreak.
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.
Chinese arrivals to Australia drop 99.8%; China Southern to raise over $2B | Daily Brief
05/16/2020
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10:39:31 AM
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Hotel occupancy in China reached over 40% during May 6-10 as business travel increased; Cathay Pacific flagged a “very bleak” outlook as coronavirus grounded planes globally.
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