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Search results for “fee revenue”
Chinese hotel CEOs gear up for new normal, expect rebound by mid-Q2
03/28/2020
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9:08:22 PM
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Senior executives from Plateno Group’s Xana Hotelle, 7Days Inn and Vienna Hotel Co. believe that they have weathered the COVID-19 storm with apt financial planning, and by responding with compassion.
Virus makes Olympics difficult; Air France sees €200M impact | Daily Brief
02/21/2020
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12:54:32 AM
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Air France-KLM warned of a €150-million to €200-million hit to earnings by April; Asia Pacific airlines could lose $27.8 billion due to outbreak.
Expedia reports 8% growth in gross booking for 2019
02/14/2020
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7:43:30 AM
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The company expects the coronavirus will have USD 30-40 million impact to adjusted EBITDA in Q1.
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.
Accor presses fast-forward on luxury transformation
02/26/2020
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5:37:20 PM
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Accor has moved from a European-focused, asset heavy, midscale/economy hotel company to something quite different.
Expedia freezes China listings; ITB China 2020 postponed | Weekly Review
02/20/2020
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10:08:28 PM
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China may see losses of USD 430 billion by the coronavirus disruption on travel for 2020; It plans cash injections and mergers to bail out aviation.
ITB Berlin canceled; indebted airline group seeks help | Weekly Review
02/29/2020
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6:06:54 PM
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The ITB Berlin 2020 is officially canceled; Expedia starts global lay-offs this week in Asia offices.
IHG expects a $5 million impact in China for February
02/19/2020
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5:46:50 PM
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IHG has been highlighted by analysts as among the European companies most directly exposed to the epidemic.
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