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Search results for “cost-reduction”
Shanghai Disney testing parade for reopening; Klook furloughs hundreds | Weekly Review
04/25/2020
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6:12:10 PM
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Parent of Chinese OTA Tongcheng-Elong denied speculation about mass layoffs; A study finds COVID-19 will dent China's total tourism income by a third this year.
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.
Business thrives again at Hongqiao airport
07/16/2020
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4:36:07 PM
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The airport has handled about 100,000 passengers a day since July 10, over 80 percent of its usual capacity.
Klook lets go of hundreds as travel lockdown hits business
04/21/2020
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2:58:51 PM
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The news will likely accelerate speculation of a merger with GetYourGuide, a leading OTA in Europe that also has Softbank as an investor.
Amadeus plans for €300M cost-cutting program as coronavirus slams aviation
03/30/2020
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1:09:49 PM
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The company is also canceling a dividend payment of €320 million that had been scheduled for the general shareholders’ meeting in June.
Accor to reduce pay, furlough 75% of global head office teams
04/03/2020
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5:34:53 PM
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Accor is also withdrawing its proposal for a 2019 dividend payment of around €280 million.
InterContinental Hotels Group pre-close update
07/01/2020
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5:07:03 PM
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IHG expects to report a comparable RevPAR decline of 75% for Q2.
The mega-hub airport's battle to remain relevant
07/05/2020
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1:56:52 PM
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There will be a need for both hubs and opportunities for those longer and thinner routes.
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