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Search results for “Corporate Hotel Rate”
Global hotels will lose just 2% of supply permanently because of coronavirus
05/09/2020
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1:58:32 PM
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While PPP loans help hoteliers keep properties open in the U.S., government assistance programs elsewhere in the world still offer a boost to the travel industry.
Chinese hotel group GreenTree sees a 33% drop in Q1 revenue
06/05/2020
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2:18:13 PM
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The company expects its total revenues to decrease by 10%-15% for the full year 2020.
Major OTA reports 43.6% drop in revenue; China buys into Norwegian Air | Daily Brief
05/21/2020
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5:16:44 PM
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Travel distribution firm DerbySoft is building new connections with Airbnb and HotelTonight; Marriott expects East Asia to lead the recovery with millennial customers.
Huazhu restructures for global plan; Trip.com Group buys Dutch OTA | Weekly Review
05/23/2020
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9:22:05 PM
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OYO has finally appointed a CEO for its China unit; The world's top 50 hotel brands are losing USD 14 billion in value.
E-commerce giant buys into tour operator; TUI China kicks off holidays | Weekly Review
05/03/2020
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12:22:17 PM
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TUI China focuses on short-haul outdoor trips; Around 74.29% of the Chinese hotels and inns have ceased operation during COVID-19.
Alibaba-invested repricing startup Hotelmize eyes expansion in China and Asia
04/29/2020
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9:56:10 AM
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While saving costs for travel companies means cutting hotels’ profits, Hotelmize said hotels will need to improve pricing methods.
Ctrip Corporate Travel’s white paper sheds light on latest market trends
04/28/2020
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10:14:49 AM
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China’s business travel market posted a growth rate of 5.9% last year, while the average annual growth rate in 2013-2018 was 11%.
E-commerce site JD buys into tour operator Caissa; Thousands of hotels closed | Daily Brief
04/28/2020
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10:41:52 PM
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China saw a declined growth rate of 5.9% in business travel last year; 74.29% of the Chinese hotels and inns have ceased operation due to COVID-19.
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