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Search results for “industry forecast”
Air travel may rebound faster than expected
01/26/2021
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9:22:37 PM
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Delta survey shows that 40% of respondents indicated they expected to be back to 2019 levels of business travel by next year, while 11% said they would be back by 2023.
Airbnb occupancy rates not expected to recover until September 2021
01/07/2021
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12:22:01 PM
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By September 2021, the average forecasted occupancy rate is expected to equal that of 2020 at 61.1%.
China’s hotel recovery falls off rails amid new coronavirus flare-ups
01/25/2021
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2:18:14 PM
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Executives at companies like Accor, IHG, and Hyatt were similarly optimistic about the recovery outlook in China.
Macau has no guess on holiday visitors; China eyes full rebound of air travel | Daily Brief
01/13/2021
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11:17:00 PM
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Chinese banks pump investment to boost cultural, tourism industries; Lagardère Travel Retail partners with Hainan Tourism.
Chinese airlines return to profitability; Radisson Hotel grows in Asia Pacific | Weekly Review
01/17/2021
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3:03:40 PM
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WeChat Pay aims to bring Chinese consumers to travel and hospitality; Chinese investment in Cambodia’s "next tourism hotspot" has raised concerns.
Retailers eyeing an influx of mainland tourists to drive revenue in mid-Jan
01/07/2021
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4:14:51 PM
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The spending power of mainland tourists to Macau has not reduced. The only change is that they are more cautious about what they spend on.
Upscale hotel chain, travel group make investments; OTA works on live-stream | Daily Brief
12/24/2020
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12:03:59 AM
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Club Med of Fosun Tourism speeds up recovery in Asia Pacific; ForwardKeys predicts China outbound travel to rise over 80% in 2022.
China proposes global travel QR code; Officer leaves Airbnb on data concerns | Daily Brief
11/24/2020
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7:18:04 AM
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Shanghai airport momentarily descends into chaos after workers test positive; Lifestyle travel brand Betterwood gets new investment.
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