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Search results for “state-run”
Chinese airlines see significant Q1 losses, mull buying embattled Virgin Australia | Daily Brief
04/20/2020
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11:13:25 PM
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Three state-owned Chinese airline giants expect significant losses in the quarter; Beijing reopens 30% of its major tourist sites.
Hotel guests must show test results; Brands press ahead with Asia expansions | Daily Brief
04/14/2020
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11:50:30 PM
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New York-listed Chinese hotel firm expects revenue to decline by 30%-35% in Q1; Tourist attractions are only allowed to run up to 30% of full capacity.
How travel brands are approaching TV advertising now
04/02/2020
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6:18:16 PM
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Airlines were all but absent from U.S. TV as of March 11.
Chinese airlines have lost $3.1 billion this year
03/25/2020
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2:33:45 PM
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China Southern Airlines had already lost between 6 to 7 billion yuan by the start of the month, and full quarter losses could be more than 10 billion.
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.
Chinese outbound travel firm collapses; Beijing quarantines travelers | Daily Brief
03/03/2020
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6:34:07 PM
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Japanese cruise line blamed coronavirus for its bankruptcy; Thailand projected 6 million fewer visitors this year.
Hyatt’s China business is down 90% in February from coronavirus fallout
02/22/2020
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1:37:20 PM
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Hyatt is estimating that every 1 percent decline in greater China RevPAR equals $1 million to $2 million hits to EBITDA.
Plunging Chinese tourist arrivals worry Asia as virus crisis continues
02/10/2020
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9:19:05 PM
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A downturn in Chinese tourist arrivals will hit many people hard.
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