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Hotels vs. Airbnb: Has covid-19 disrupted the disrupter?
05/19/2020
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6:35:58 PM
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In this battle, they will compete with each other against cancellation terms, refunds, hygiene and privacy.
Expert’s Voice: Post Covid19 future of hotels and hospitality hinges on Chinese tourists
05/11/2020
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6:52:30 PM
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According to the China Tourism Academy, 84% of the Chinese outbound tourists are young and all under the age of 45.
Airbnb China to lay off employees as 25% workforce cut globally
05/08/2020
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7:10:54 PM
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The company will start one-on-one meetings with employees starting May 7 and will likely finish the layoff process by the end of this month.
Wyndham Hotel merges its China unit into Asia Pacific to cut expenses
05/07/2020
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4:06:20 PM
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As of the end of 2019, the company had 154,600 hotel rooms in the Greater China region, but that only contributed 3% of Wyndham's royalties in the year.
IHG sees occupancy rise in Greater China; Chinese airlines have lost $3.1B | Daily Brief
03/24/2020
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11:09:30 PM
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The gradual resumption of business in China has not helped domestic airlines make ends meet; Tokyo Olympics is postponed to 2021.
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 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.
IATA upgrades passenger revenue downfall to $252 billion
03/25/2020
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5:06:06 PM
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Some 2.7 million airline jobs are at risk. And each of those jobs supports a further 24 in the travel and tourism value chain.
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