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Search results for “disruption”
Booking withdraws first-quarter guidance due to worsening virus impact
03/10/2020
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12:22:33 PM
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The company believes it has "a strong operating model and solid balance sheet" to weather this disruption.
OTA chief cuts salary; event cancellations cost $1B | Daily Brief
03/11/2020
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12:24:19 AM
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The direct economic loss from the cancellation from nine major tech conferences already surpassed USD 1 billion; A Disneyland Paris maintenance worker tested positive for coronavirus.
European tourism sector calls for solidarity and support to China
03/10/2020
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3:22:01 PM
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The European Tourism Manifesto alliance pledged solidarity and support to China and the Chinese people amid the virus outbreak.
Global OTA fires China director; OYO cuts 60% of China staff | Daily Brief
03/04/2020
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11:17:56 PM
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Airbnb’s plan for public listing this year is at risk of slipping into 2021; China's ski industry may lose USD 1.1 billion.
Marriot's RevPAR in Greater China drops 90% in February
02/28/2020
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8:49:40 PM
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Marriott estimates to earn $25 million less in monthly fee revenue, compared to its 2020 base-case outlook.
Marriott sees $25M impact; Expedia global layoffs cost up to $130M | Daily Brief
02/27/2020
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10:01:43 AM
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Expedia has kicked off its global lay-off this week in Hong Kong and Singapore; Sabre said the outbreak could cost a USD 100-150 million loss in first-quarter revenue.
OYO falls short in Japan
02/25/2020
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4:45:31 PM
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Despite wanting to be perceived as a tech startup, OYO is closer to a traditional hospitality company, where there is a linear dependency on staff and infrastructure.
Off the beaten track: China's tourism sector blazing trail out of virus blues
02/24/2020
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4:37:20 PM
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Trip.com facilitated cloud tourism of over 3,000 tourist attractions in 832 cities of 48 countries in the world.
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