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Search results for “cash flow”
The Property Management System (PMS) of the future is already here
03/04/2021
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6:40:04 PM
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Over the next 5 years the adoption of cloud PMS solutions will explode and this will be the highest growth component of the hotel tech stack.
China travel advisories likely short lived: MGM China COO
02/12/2021
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12:02:10 PM
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China’s mainland is the only place to have a largely quarantine-free travel bubble with Macau.
A members-only model is helping restaurants, luxury travel survive
02/04/2021
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5:31:26 PM
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For these purveyors, locking in clients with a recurring fee brings much-needed cash flow and stability in uncertain times.
Huazhu Group gears up for expansion in lower-tier cities
12/09/2020
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11:31:23 AM
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The Chinese multi-brand hotel group mentioned that tier-3 and below cities accounted for 50% of the total pipeline at the end of October. The plan is to establish both middle-scale and economy brands in these places.
Foreign airlines start counting on TravelSky to modernize distribution
12/04/2020
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8:02:51 AM
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Finnair recently chose to modernize its airline product sales using NDC with TravelSky. The airline asserts that by using this XML data standard it can better communicate the value of its offers via the indirect channel.
Global capacity trending down to less than 50 million by year end……
11/13/2020
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2:40:30 PM
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The implications of the current situation are now extending beyond the IATA Winter Season into the Summer 2021 season and although it’s blindingly obvious the industry is in crisis.
Wyndham's Greater China RevPAR down by 29% in Q3
10/29/2020
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6:40:17 PM
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Global comparable RevPAR declined 35% year-on-year while system-wide rooms declined 2%.
Travel marketers show penchant for unconventional tactics to boost recovery
10/23/2020
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9:37:25 AM
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Be it for looking beyond popular 3rd party ecosystems or supporting revenue generation post business model pivot, companies in China are open to experimenting to reach out to consumers.
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