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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.
US to ban Chinese flights; Online travel platforms build hotel memberships | Daily Brief
06/03/2020
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11:38:48 PM
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The Trump administration is banning Chinese passenger airlines from flying to the US; Global online travel agencies will drop rate parity terms on Korean regulatory demand.
The 2020 TravelDaily Conference is rescheduled to Nov 25-27
06/02/2020
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11:48:09 AM
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ITB China, the largest B2B international travel trade show in China, will join TravelDaily in co-organizing our event.
Shares issue and new banking facility boosts On The Beach’s liquidity by £120 million
05/27/2020
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1:51:51 PM
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A total of 26,143,500 ordinary shares in the OTA have been placed at a price of 257.5p per share representing almost 20% of the company’s existing issued share capital.
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.
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.
Air China maintains U.S. flying; Beijing airport to transfer international flights | Daily Brief
03/19/2020
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1:03:31 AM
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The world's largest hotel chain has started furloughing tens of thousands of employees; Cathay Pacific will sell six of its Boeing 777-300ER planes to BOC Aviation.
Coronavirus’ impact on the Chinese travel industry
03/11/2020
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10:37:35 PM
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Most of the industry does expect either marginal growth or an expansive rebound once the crisis abates.
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