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Search results for “debt”
Ctrip launches IHG flagship store, 70% of OYO China hotels reopened | Daily Brief
05/15/2020
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7:36:48 AM
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Chinese carriers are likely to see a full recovery by 2021; Beijing is mulling to cut red tape and fast-track cross-border checks with Taiwan, Hong Kong, Macao and South Korea.
Investors offload stakes in Chinese OTA; Global hotel chains recover in China | Weekly Review
05/09/2020
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11:15:38 PM
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Booking loses $130 million in the sale of its Trip.com Group stake; Shanghai Disney theme park will reopen on May 11.
Trip.com to borrow up to $1.5B; Airbnb lowers valuation by 16% | Daily Brief
04/03/2020
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11:02:25 PM
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An investment firm indirectly associated with Trip.com Group wants to privatize online classifieds marketplace 58.com; OYO's CEO will forego his salary for the rest of the year.
Global hotels will lose just 2% of supply permanently because of coronavirus
05/09/2020
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1:58:32 PM
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While PPP loans help hoteliers keep properties open in the U.S., government assistance programs elsewhere in the world still offer a boost to the travel industry.
Booking loses $130M in selling Trip.com stake; Hyatt occupancy rises in China | Daily Brief
05/09/2020
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12:19:14 AM
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45% of Chinese travelers plan to visit Vietnam this year; Hyatt Hotels' occupancy in Greater China have gradually improved.
Booking Holdings loses over $100 million in Trip.com equity sales
05/08/2020
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7:39:44 AM
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The company reported a net loss of USD 699 million in the first quarter.
Apartment rental startup Frontdesk secures $6.8M in funding
04/29/2020
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11:30:37 AM
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A third of its guests are business travelers, and the company plans to focus on expanding that share this year.
Expedia nears deal to sell stake to Silver Lake and Apollo
04/22/2020
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1:44:38 PM
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The talks could still fall through, and Expedia could opt to raise funds another way, including in a public-debt offering, the people cautioned.
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