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STR reports gradual recovery in China market
05/13/2020
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6:56:28 PM
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Over the last seven-to-ten days, and the Labour Day weekend, occupancy returned to 50% in some areas
China to see big uplift in air; Travel bookings surge as alert relaxed | Daily Brief
04/30/2020
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10:44:07 PM
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Spring Airlines will open 47 domestic routes to meet increasing travel demand; Shanghai tourist attractions require reservations for holiday.
Payments and guest experience: Eliminating the friction
04/21/2020
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9:12:03 PM
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Discussions in payments are less and less about cost savings but more about user experience.
Shanghai Disney steps up entrance checks; Chinese airlines lose $4.8 billion | Daily Brief
04/15/2020
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11:04:39 PM
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Finnair plans a joint venture with China’s Juneyao Air; Marriott's RevPAR drops 83% in Greater China in March.
OTA chief cuts salary; event cancellations cost $1B | Daily Brief
03/11/2020
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12:24:19 AM
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The direct economic loss from the cancellation from nine major tech conferences already surpassed USD 1 billion; A Disneyland Paris maintenance worker tested positive for coronavirus.
Trip.com Group expects revenue to drop 45%-50% amid COVID-19 outbreak
03/19/2020
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7:25:49 AM
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Net revenue grew 15% to USD 5.1 billion for the year.
OTA giant sees revenue falling by half; Foreign arrivals to Japan plunge 58% | Daily Brief
03/19/2020
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10:52:49 PM
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Trip.com Group expects net revenue to decrease by 45%-50% in the first quarter; Four-fifths of flight capacity between China and the rest of the world has been cut back.
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.
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