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Shiji grows operating revenue by 18.24% last year
04/30/2020
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10:26:33 PM
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Operating revenue beyond mainland China were RMB 424 million, or 11.58% of total revenue, up by 69.11%.
Tencent-backed OTA Tongcheng-Elong reports 205.2 million MAUs in 2019
03/25/2020
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8:31:59 PM
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The company expects net revenue to decrease by approximately 42% to 47% in Q1 due to coronavirus.
China curbs overseas arrivals; OYO falls short in Japan | Daily Brief
02/26/2020
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10:26:24 AM
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Some Chinese cities have begun to restrict arrivals from overseas, signaling that the epidemic’s momentum has shifted outside of China.
Beijing warns against US travel; France sees 30%-40% less visitors | Daily Brief
02/24/2020
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8:56:36 PM
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Juneyao Airlines will be indefinitely postponing the launch of new European routes; AI tech firm raised $42 million in funding.
F1 Grand Prix postponed, global airlines to lose $4 billion | Daily Brief
02/12/2020
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11:06:29 PM
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ICAO forecast a decline in global traffic of 16.4 million passengers, the hotel industry could end up having to deal with the virus impact for the next 12 months.
SoftBank-backed tourism App Klook eyes expansion in Europe
10/12/2019
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5:51:26 PM
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Klook processed $1 billion in bookings last year.
NDC in China progresses slowly, limited by market constraints
10/06/2019
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7:31:01 PM
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NDC technology is being developed but it will be some time before there is widespread adoption by Chinese airlines and other players.
STR hotel data giant sold to CoStar Group for $450M
10/02/2019
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2:19:12 PM
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STR currently gets data from around 65,000 hotels in 180 countries around the world, which then feeds into its core STARreport service.
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