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Search results for “debt”
EbixCash takes over Cox & Kings’ business travel unit in India
09/29/2019
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4:17:16 PM
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Cox & Kings is $500 million in debt. Fears are rising that the company may meet the same fate as Thomas Cook, the world-famous travel brand which collapsed after 178 years in the industry.
OYO to raise $200 million for luxury push in US
09/18/2019
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9:54:47 PM
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OYO is reportedly going to create a separate entity in the US to help it acquire and run four- and five-star hotels, and is likely to own a minority stake in this entity.
TravelSky’s performance offers a view of China’s slowing air travel market
09/03/2019
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11:08:34 AM
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Overall, both domestic and foreign air travel growth benefited the company. During the first half of the year, the tech vendor boosted its revenue by 9.2% to $538 million (RMB 3.84 billion).
Airbnb to go public in 2020
09/24/2019
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5:52:28 PM
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Since its founding in 2008, Airbnb has raised a total of $4.4 billion and acquired 21 companies.
China’s hotel construction expands with all-time high despite economic slowdown
09/03/2019
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3:02:35 PM
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China's total hotel construction pipeline swelled to 2,991 projects/592,884 rooms in the first half of 2019, up 19% by projects and 7% by rooms year-over-year, both at all-time highs, amidst an economic slowdown.
TripAdvisor hotel revenue down by 9%, adjusted EBITDA up by 17%
08/08/2019
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2:40:49 PM
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Total revenue was $422 million, or 3% decrease year-over-year. Total Adjusted EBITDA was $128 million, an increase of 17% year-over-year.
Oyo founder in talks to buy back $1.5B shares
07/09/2019
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11:04:42 AM
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The move, unprecedented among leading privately held, new-age Indian startups, will help Agarwal raise his stake to around 30% from the current 10%.
Najah Air eyes SoftBank funding to take over Malaysia Airlines
07/18/2019
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5:41:16 PM
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Najah Air plans to take up minority stake in Malaysia Airlines in a debt-for-equity swap and wants countrol of the board and management.
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