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Search results for “venture capital”
Expedia rescinds 2020 guidance; Airbnb widens losses | Weekly Review
03/14/2020
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10:29:49 AM
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OYO undergoes massive downsizing in China, while its local rivals merged amid the virus outbreak; Shanghai Disney reopened some shopping, dining and entertainment options.
China's air passengers fall 84.5%; business travel to lose $820B | Daily Brief
03/12/2020
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11:16:53 PM
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Airbnb could face a bill of up to €200 million after a court ruled it was not entitled to claim booking fees from its Dutch customers; Traffic at European airports could fall by 187 million.
Cloudbeds brings in $82M to “triple down” on hospitality tech
03/12/2020
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5:34:44 PM
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Cloudbeds has been leveraged by more than 20,000 hotels, hostels, inns and alternative accommodations across 157 countries.
Fosun Tourism raises $988M; Forward bookings in China show dramatic rebound | Daily Brief
03/23/2020
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11:34:25 PM
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Chinese tourist arrivals to Japan dropped 87.9% in February; Hainan government announced a USD 21.2 million rejuvenation plan for the island’s beleaguered tourism industry with duty free shopping at the heart.
OYO’s Chinese rivals merge amid coronavirus outbreak
03/11/2020
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10:09:44 AM
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The IDG Capital-invested H Hotel has signed up a total of 2,500 hotels as of 2019, while Huazhu’s Elan Hotel has contracted over 600 properties.
Lanes & Planes lands $10M to expand customer base, develop corporate travel tech
03/04/2020
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5:15:12 PM
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Lanes & Planes provides business travel booking and expense management technology to small to medium-sized businesses.
New funding will help Colombian hotel chain Ayenda push into Peru
02/20/2020
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4:46:19 PM
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Ayenda CEO Sarrazola distanced himself from the OYO, which also obtained financing from SoftBank.
Checkfront raises CA$9.3M round, talks up independent role for activities
03/11/2020
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11:26:14 AM
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The platform has integrations with Square, Tripadvisor, Expedia, and Quickbooks, among others.
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