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OTA giants respond to competition probe; Alibaba invests in travel tech firm | Daily Brief
04/02/2020
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12:54:11 AM
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TravelSky said it will weather coronavirus impacts in air travel without layoffs; Chinese embassy in UK is chartering a plane to bring home Chinese students.
Fosun Tourism raises $988M; Forward bookings in China show dramatic rebound | Daily Brief
03/23/2020
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11:34:25 PM
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Chinese tourist arrivals to Japan dropped 87.9% in February; Hainan government announced a USD 21.2 million rejuvenation plan for the island’s beleaguered tourism industry with duty free shopping at the heart.
Expedia rescinds 2020 guidance; Airbnb widens losses | Weekly Review
03/14/2020
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10:29:49 AM
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OYO undergoes massive downsizing in China, while its local rivals merged amid the virus outbreak; Shanghai Disney reopened some shopping, dining and entertainment options.
Shiji IT plunges by limit as US forces sale of StayNTouch
03/11/2020
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12:12:59 AM
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Millions of hotels worldwide use StayNTouch's hotel information management system with 60 percent market share in China.
Virus dents bookings for IHG; Japan may lose $1.29 billion | Daily Brief
02/18/2020
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5:22:24 PM
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Even if the coronavirus outbreak ends quickly, the disruption in the supply chain will affect trade, tourism and confidence.
China curbs overseas arrivals; OYO falls short in Japan | Daily Brief
02/26/2020
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10:26:24 AM
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Some Chinese cities have begun to restrict arrivals from overseas, signaling that the epidemic’s momentum has shifted outside of China.
Supersonic aircraft startup Exosonic joins a long race to revive Concorde's dream
02/13/2020
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11:38:50 PM
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Developing an aircraft that can pass regulatory scrutiny is complicated enough, but equally challenging is the need to prove to airlines that the model will turn a profit.
Expedia suspends travel listings from mainland China amid coronavirus outbreak
02/20/2020
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9:53:35 PM
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Expedia has informed its suppliers via email that it will suspend the sale of all mainland China-based products, ground transportation and tours.
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