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Search results for “hotel collapse”
Chinese airlines see significant Q1 losses, mull buying embattled Virgin Australia | Daily Brief
04/20/2020
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11:13:25 PM
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Three state-owned Chinese airline giants expect significant losses in the quarter; Beijing reopens 30% of its major tourist sites.
Asia is restricting visitors; Agoda offers long-term stays | Daily Brief
03/16/2020
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11:21:21 PM
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Trip.com Group-backed hotel firm reported virus impact of RMB 20.77 million in 38 days; Scandinavian airline SAS will temporarily lay off 10,000 employees, or 90% of its workforce.
Shanghai Disney partially reopens; Trip.com launches travel presales | Daily Brief
03/09/2020
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11:38:41 PM
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Trip.com has launched presales of admissions to some 300 scenic spots, air tickets, accommodation and tour packages; Google's travel ad revenue may drop 10.2% in second quarter.
Trip.com to borrow up to $1.5B; Airbnb lowers valuation by 16% | Daily Brief
04/03/2020
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11:02:25 PM
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An investment firm indirectly associated with Trip.com Group wants to privatize online classifieds marketplace 58.com; OYO's CEO will forego his salary for the rest of the year.
OTA boss advises mobile tech to fight virus; Marriott sees recovery in China | Weely Review
03/21/2020
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5:38:25 PM
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Asia's largest online travel group expects its net revenue to drop by nearly half in Q1; China's air regulator moved to divert incoming international flights from Beijing to elsewhere.
China considers airlines bailout; OYO fights to keep hotels open | Daily Brief
02/19/2020
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12:07:04 AM
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Malaysia looks to locals and non-Chinese visitors in fulfilling tourist-arrivals target; China plans to take over indebted conglomerate HNA Group and sell off its core airline assets.
Coronavirus hits home-sharing
02/12/2020
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11:26:26 AM
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Home-sharing platforms like Airbnb and Xiaozhu are suspending bookings in Beijing as the coronavirus prompts people across China to cancel travel plans.
Annual wrap-up: 12 major travel news events in 2019
12/26/2019
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4:42:58 PM
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Buoyed by technological innovations and transformation in consumer demands, the travel sector has soared despite turbulence in the year.
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