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Search results for “Far Point”
Travel companies turn to live streaming and advance purchase for recovery
04/13/2020
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2:43:20 PM
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Advance purchases may not be just a provisional measure during epidemic but a regular project that will stay.
May holiday flight sales plummets; Tuniu completes most travel refunds | Daily Brief
04/25/2020
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11:54:59 AM
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Hong Kong's daily visitor arrivals declined to less than 100 persons in early April; Shanghai Disney is testing parade and more for reopening.
Hotel bookings through global distributors and suppliers down 80% in early April
04/23/2020
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11:27:14 AM
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STR projects that China hotels will recover to only 90% of 2019’s level of occupancy, ADR and RevPAR by 2021.
Booking Holdings applies for European relief with substantial layoffs possible
04/17/2020
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4:47:22 PM
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Expedia Group chairman Barry Diller said the recovery in the travel industry would probably happen in September and later.
Beijing quarantines inbound travelers; airlines face bankruptcy | Daily Brief
03/18/2020
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12:45:03 AM
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Chinese airlines including Air China and China Southern are to reduce international flights in response to the coronavirus pandemic; CAPA said most global airlines will be bankrupt by the end of May.
Booking sells $106M Trip.com stake; United may resume China flights | Daily Brief
04/07/2020
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11:35:20 PM
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The world's largest online travel group cut the stake in its Chinese counterpart by over 3 percentage points; Accor and Alibaba extend their strategic partnership.
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.
Marriott sees $25M impact; Expedia global layoffs cost up to $130M | Daily Brief
02/27/2020
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10:01:43 AM
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Expedia has kicked off its global lay-off this week in Hong Kong and Singapore; Sabre said the outbreak could cost a USD 100-150 million loss in first-quarter revenue.
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