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Search results for “hotel collapse”
OTA buys a stake in airport app; E-commerce site adds flight booking service | Daily Brief
06/02/2020
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11:30:38 PM
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EU chamber urged China to cut subsidies to inefficient airlines; Marriott hotels' occupancy rate in China rose to 40%.
Huazhu restructures for global plan; Trip.com Group buys Dutch OTA | Weekly Review
05/23/2020
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9:22:05 PM
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OYO has finally appointed a CEO for its China unit; The world's top 50 hotel brands are losing USD 14 billion in value.
China continues flight control; Huazhu restructures for global ambition | Daily Brief
05/20/2020
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11:57:56 PM
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Despite reports of restoration, China’s air transportation system is not likely to fully recover for at least another two years; Hong Kong airport sees 99.5% passenger traffic drop in April.
Alibaba-invested repricing startup Hotelmize eyes expansion in China and Asia
04/29/2020
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9:56:10 AM
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While saving costs for travel companies means cutting hotels’ profits, Hotelmize said hotels will need to improve pricing methods.
Flight Plan 2020: How travel will be different a few months from now
04/21/2020
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6:11:23 PM
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The travel industry no longer represents an opportunity for quick profits.
How Marriott plans to manage a 45% drop in hotel occupancy rates
03/26/2020
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7:01:39 PM
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The chain is seeing occupancy rates in North America at under 25%, down from about 70% last year
OTA denies mass layoffs; Klook lets go of hundreds | Daily Brief
04/21/2020
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11:04:52 PM
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Tongcheng Group will merge Hongtu Airlines, Tongcheng International Travel Service and Tongcheng Travel into a new company called Tongcheng Aviation & Travel; China's airline market could see further consolidation.
Air China maintains U.S. flying; Beijing airport to transfer international flights | Daily Brief
03/19/2020
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1:03:31 AM
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The world's largest hotel chain has started furloughing tens of thousands of employees; Cathay Pacific will sell six of its Boeing 777-300ER planes to BOC Aviation.
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