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Search results for “consolidation”
Deutsche Hospitality accounts for 25% of Huazhu's total revenues in 2019
05/05/2020
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4:38:46 PM
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Huazhu Group scheduled to issue a shareholder loan of EUR 20 million to Deutsche Hospitality with a term of 12 months.
China Southern won’t bring A380 back to U.S. flights this summer
06/03/2020
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6:16:28 PM
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A greater loss would be the A380’s smaller cargo hold compared to the 777.
OTA denies mass layoffs; Klook lets go of hundreds | Daily Brief
04/21/2020
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11:04:52 PM
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Tongcheng Group will merge Hongtu Airlines, Tongcheng International Travel Service and Tongcheng Travel into a new company called Tongcheng Aviation & Travel; China's airline market could see further consolidation.
Marriott posts new jobs in China; Hong Kong to open to transit passengers | Daily Brief
05/28/2020
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12:30:53 AM
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Midscale and economy hotels are driving the recovery of China's hotel market; Cathay Pacific's brand merger hits roadblock from Chinese regulator.
Tencent-backed OTA reports a 43.6% drop in Q1 revenue
05/21/2020
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5:34:42 PM
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Net revenue is expected to decrease by 24% to 29% for the second quarter this year.
Huazhu initiates major restructuring to pursue global ambition
05/20/2020
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10:58:13 PM
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China remains key to the company's operation while Huazhu will continue its investments for international expansion.
Hotel firm GreenTree expects a 30%-35% drop in Q1 revenue
04/14/2020
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9:35:51 PM
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Due to the impact of COVID-19, the company may record a decline in total revenues of 10%-15% for the full year 2020.
Trivago reports a net loss of €214M in Q1 of 2020
05/19/2020
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3:00:45 PM
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Trivago observed a sharp decline in Referral Revenue, decreasing 33% YoY.
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