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Search results for “hotel aggregators”
Upscale hotel group New Century reports a 144.1% jump in EBITDA
03/22/2020
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8:59:45 PM
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The Chinese hotelier invested by Trip.com Group said it has "sufficient financial resources" to deal with coronavirus impact.
Asia is restricting visitors; Agoda offers long-term stays | Daily Brief
03/16/2020
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11:21:21 PM
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Trip.com Group-backed hotel firm reported virus impact of RMB 20.77 million in 38 days; Scandinavian airline SAS will temporarily lay off 10,000 employees, or 90% of its workforce.
Marriott's March RevPAR drops 83% in Greater China
04/15/2020
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6:06:19 PM
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The world's largest hotel group expects its global RevPAR to decline by 23% in the first quarter.
New Century Hotel provides business update amid coronvirus outbreak
03/17/2020
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8:07:22 PM
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Operations suspension has resulted in a downward adjustment of the base rent for the Initial Hotel Properties for 2020 by RMB20.77 million in aggregate.
State-owned bank bails out OTA; airlines to see first traffic drop in a decade | Daily Brief
02/21/2020
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11:21:10 PM
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The Industrial and Commercial Bank of China will provide a USD 86.7 million loan to online travel giant Trip.com Group; RevPAR of Hyatt hotels declined 90% last month in China.
OYO acquires TUI's rental tour operating business
02/04/2020
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8:35:41 PM
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OYO is reported to be reevaluating its U.S. and U.K. expansion strategy amid layoffs in a number of markets.
Annual wrap-up: 12 major travel news events in 2019
12/26/2019
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4:42:58 PM
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Buoyed by technological innovations and transformation in consumer demands, the travel sector has soared despite turbulence in the year.
Travelport becomes sole GDS provider of Air India’s domestic flight content in India
01/09/2020
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6:27:17 PM
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The contract, which was awarded to Travelport following a competitive bidding process, came into effect in November 2018 and was fully implemented as of 1 January 2020.
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