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Search results for “HOTELS 325”
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.
OYO China operations are on the brink of collapse
03/12/2020
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3:32:29 PM
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OYO China has slashed around 7,000 jobs with a current head-count at 2,734.
Annual wrap-up: 12 major travel news events in 2019
12/26/2019
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4:42:58 PM
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Buoyed by technological innovations and transformation in consumer demands, the travel sector has soared despite turbulence in the year.
GreenTree total revenues grow 21.4% to $137.4 million in 2018
03/14/2019
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7:56:10 PM
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In 2018, ADR was RMB164, an increase of 4.5% year-over-year; occupancy rate was 82.1%, a decrease of 0.5% year-over-year; RevPAR was RMB135, representing a 3.8% year-over-year increase.
Booking funds Didi, Airbnb China names new president, Baidu and Alibaba vie for smart hotel
07/23/2018
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1:56:10 PM
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Booking Holdings invested $500 million in China’s ride-hailing platform Didi Chuxing. Airbnb China appointed a local serial entrepreneur as its new president. WeChat Pay decided to focus on outbound Chinese tourists.
Jin Jiang, BTG HomeInns and Huazhu maintain rankings among global top 10 hoteliers
07/18/2018
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5:35:11 PM
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Among the Hotels 325 list, China's Jin Jiang, BTG HomeInns and Huazhu maintained their rankings among the top 10, and another eight Chinese hotel groups made it to the top 50.
ChinaTravelNews annual roundup: Major events of year 2017
12/18/2017
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2:15:13 PM
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In 2017, the World Tourism Alliance was set up, ITB debuted in Shanghai, China banned tours to S. Korea, Priceline invested in Meituan to compete with Ctrip, and local home-sharing is on the rise while Airbnb is slow to localize...
Budget hotel platform OYO launches asset management to trim losses
08/29/2017
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10:06:14 AM
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With losses of over USD 50.6 million in FY17, OYO launched asset management service to bring losses under control and enhance business growth.
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