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Search results for “industry forecast”
Chinese OTA Tuniu reports 55.5% net revenue drop in Q1, but expects more than 300% growth in Q2
06/03/2021
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6:33:45 PM
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Revenues from packaged tours were USD 6.9 million in the first quarter of 2021, representing a year-over-year decrease of 62.3%.
China’s Q1 hotel construction pipeline ends mixed
06/03/2021
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11:18:38 AM
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During the first quarter, China opened 113 hotels/17,830 rooms.
Break the unwritten rules of upselling
04/08/2021
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6:47:48 PM
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It’s clear we’ll never return to the old version of ‘normal.’ Post-crisis hoteliers need to be very asset-specific and adopt a sales-oriented attitude. Those who follow the old rules of upselling will be at a competitive disadvantage.
Hotel recovery: why content parity is the next rate parity
05/12/2021
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4:53:52 PM
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The next step to take in early 2021 is to address content parity through the use of a fully integrated distribution system.
Duty-free discounts fueling greater travel spending
05/11/2021
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3:50:30 PM
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In the first quarter of this year, duty-free sales in Hainan hit RMB 15 billion, and an upward trajectory is expected to extend into the year and beyond.
Mixed prospects for summer 2021 as Europe works to overcome vaccine hurdles
05/10/2021
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6:18:40 PM
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European destinations continued to see major declines in tourist arrivals in Q1 2021, with 1 in 2 plummeting over 90% based on the latest available data.
China bans online travel app; Shanghai attractions offer half-price tickets | Daily Brief
05/15/2021
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12:32:23 AM
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Accor develops WeChat app for Chinese customers in 'key market'; Virtual tours keeping 'travel' alive and well.
China sees robust growth in theme-park sector; OTA invests in pilot training | Daily Brief
05/13/2021
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11:04:24 PM
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Trip.com focuses on personalized domestic travel; China Express bets on subsidized routes, home-grown jets as path to profits.
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