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Meituan warns of pandemic-hit loss; Shanghai attractions close again | Daily Brief
03/31/2020|12:09:00 AM|
State bank ICBC provides USD 14.5 billion in financing to cultural and tourism firms in Beijing; TravelSky processed 1,071.9 million transactions and 432.8 million BSP tickets last year.
Alibaba backs Israeli travel startup; Klook buys car-hire firm | Weekly Review
04/04/2020|10:14:48 PM|
Chinese airlines rescheduled their international flights after national regulators decided to limit the number of international flights to curtail imported COVID-19 cases.
Back to the future: lessons for the travel sector from China
04/21/2020|10:52:24 AM|
The travel industry may gradually return to normalcy, but the landscape will look quite different.
China data portend tough times for US hotels; Cathay cuts 96% flights | Daily Brief
03/20/2020|11:40:36 PM|
Major Chinese airlines registered over 30-percentage-point declines in load factor; Fosun Tourism's China operation slowly recovers.
Virus may cost 75M travel jobs; Forward bookings show dramatic rebound | Weekly Review
03/28/2020|9:54:45 PM|
Hotel giant leverages equity investments to grow profit significantly last year; Chinese visitors to Japan plunge 87.9% in February.
Fosun Tourism raises $988M; Forward bookings in China show dramatic rebound | Daily Brief
03/23/2020|11:34:25 PM|
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.
Airbnb loses $276M in Q4; Trip.com taps into virtual banking | Daily Brief
03/13/2020|10:12:26 PM|
Expedia is withdrawing its adjusted EBITDA guidance due to growing virus impact; Global hotel transaction volumes in 2019 reached USD 66 billion last year.
Chinese hotel CEOs gear up for new normal, expect rebound by mid-Q2
03/28/2020|9:08:22 PM|
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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