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Search results for “Industry Subsidy”
Protests, then a pandemic: Can Hong Kong tourism hang on?
07/03/2020
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11:00:10 AM
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Visitor arrivals in Hong Kong, which surged in 2018 and early 2019, fell to a trickle of 4,100 in April.
OTA buys a stake in airport app; E-commerce site adds flight booking service | Daily Brief
06/02/2020
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11:30:38 PM
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EU chamber urged China to cut subsidies to inefficient airlines; Marriott hotels' occupancy rate in China rose to 40%.
Top Chinese carriers confident of their FFP members staying loyal
06/04/2020
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9:08:15 AM
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Chinese carriers not only took initiatives to assure their loyalty program members about the utility of loyalty currency and membership benefits, but they also paved way for smaller non-air redemptions to subsidize member's shopping for essentials during the coronavirus crisis.
Booking Holdings takes solitary path without offering financial relief to partners
06/10/2020
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5:40:05 PM
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These weren’t recovery programs, per se, but were part of cancellation refunds paid to consumers or property owners.
TUI China kicks off curated domestic trips for local holiday-makers
04/27/2020
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1:48:23 PM
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Dr. Guido Brettschneider believes that people in China and around the world will never stop dreaming and will want to travel again soon.
Hotel recovery led by midscale & economy; Global aviation loss to rise to $2T | Daily Brief
04/11/2020
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6:28:44 AM
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Shanghai Airport stock slumps below target by the widest margin in 13 years; China's theme parks re-open with strict rules to prevent further outbreak of the virus.
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 CEOs gear up for new normal, expect rebound by mid-Q2
03/28/2020
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9:08:22 PM
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Senior executives from Plateno Group’s Xana Hotelle, 7Days Inn and Vienna Hotel Co. believe that they have weathered the COVID-19 storm with apt financial planning, and by responding with compassion.
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