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Search results for “financial statement”
Another big deal sunk by coronavirus: Amex GBT investment deal falls through
05/11/2020
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5:18:46 PM
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Carlyle and GIC are believed to argue that coronavirus and the collapse of business travel globally have materially altered the deal’s conditions, and thereby allow them to walk away.
WEX cancels plan to purchase eNett and Optal
05/09/2020
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7:13:07 PM
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The three companies believe that WEX had assumed all of these risks when it signed the Purchase Agreement.
Hotel firm GreenTree expects a 30%-35% drop in Q1 revenue
04/14/2020
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9:35:51 PM
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Due to the impact of COVID-19, the company may record a decline in total revenues of 10%-15% for the full year 2020.
Ctrip- and Tencent-backed OTA reports 28.5% GMV rise in 2018
03/20/2019
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9:24:23 AM
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Revenue from accommodation reservation services decreased by 22.5% to RMB1,830.4 million, revenue from transportation ticketing services increased from RMB61.3 million to RMB3,232.5 million.
Fosun Tourism turns around net profit to RMB 389.1 million in 2018
03/18/2019
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8:35:15 AM
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Gross profit increased by 86.4% from RMB2,830.3 million in 2017 to RMB5,276.0 million in 2018. Adjusted EBITDA increased from RMB746.3 million in 2017 to RMB2,073 million in 2018.
Tripadvisor lays off 25% of global workforce, closes some offices
04/29/2020
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2:12:38 PM
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More than 900 employees will be laid off and business units been reorganized.
Chinese hotel giant Huazhu Group reports 22.3% growth in 2018 revenue
03/15/2019
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9:04:59 AM
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For the full year of 2018, net revenues from leased and owned hotels were $1,087 million, representing a 17.9% year-over-year increase; net revenues from manachised and franchised hotels were $367.5 million, a 36.6% year-over-year increase.
GreenTree total revenues grow 21.4% to $137.4 million in 2018
03/14/2019
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7:56:10 PM
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In 2018, ADR was RMB164, an increase of 4.5% year-over-year; occupancy rate was 82.1%, a decrease of 0.5% year-over-year; RevPAR was RMB135, representing a 3.8% year-over-year increase.
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