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Search results for “earnings call”
Expedia reports net loss of $391 million in Q4
02/12/2021
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11:41:06 AM
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Lodging revenue decreased 58% in the fourth quarter of 2020 on a 61% decrease in room nights stayed.
Air travel may rebound faster than expected
01/26/2021
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9:22:37 PM
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Delta survey shows that 40% of respondents indicated they expected to be back to 2019 levels of business travel by next year, while 11% said they would be back by 2023.
Las Vegas Sands ready to invest another $10 billion in Macau
01/29/2021
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12:11:14 PM
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CEO said he has "very strong thoughts" about online gaming.
Online travel giants Meituan, Tongcheng actively invest in hotel groups
01/07/2021
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3:58:30 PM
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Chinese OTAs have a long history of buying into their hotel partners.
Tongcheng-elong’s CEO throws light on effective recovery strategy in Q3
11/28/2020
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8:52:19 PM
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The company is looking at cost-effective traffic sources, especially in lower-tier cities, and banking on technological innovations going forward. The plan is to have 200 million annual paying users by 2021.
China's domestic air market recovered; Indebted HNA to sell US asset | Daily Brief
12/10/2020
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12:17:30 AM
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JD, China Southern Airlines launch ship-to-home luggage service; Travel agencies in China handle over 10 million domestic trips in Q2, down 79% from last year.
Huazhu Group gears up for expansion in lower-tier cities
12/09/2020
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11:31:23 AM
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The Chinese multi-brand hotel group mentioned that tier-3 and below cities accounted for 50% of the total pipeline at the end of October. The plan is to establish both middle-scale and economy brands in these places.
ByteDance sets up a travel agency; Mafengwo sheds light on night tourism | Weekly Review
12/19/2020
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10:17:57 PM
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Hilton CEO said China is second-largest market, key part of growth strategy; Alibaba-invested mobility platform Hellobike applies for hotel-related trademark.
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