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IHG CEO: China is “second home market” and OTA is running hotels “to learn”
05/11/2019
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10:52:22 PM
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Mr. Keith Barr is not that concerned on the Chinese hotel giants' international play.
Accor reaches new guests via lifestyle-division growth
05/07/2019
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6:59:32 AM
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But that does not mean development can continue completely unmonitored.
Potential bidders circle Thomas Cook as it hires turnaround specialist
04/22/2019
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4:06:21 PM
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EU rules banning majority foreign ownership would block Fosun from running Thomas Cook’s airline arm.
UK-based GuestReady acquires French Airbnb management company BnbLord
04/12/2019
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11:00:19 AM
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GuestReady claims to be the largest Airbnb management company in Europe with more than 2,000 properties.
Booking.com is beating Airbnb in home stays, latest numbers show
04/10/2019
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6:02:06 PM
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Booking.com offers a total of 28 million places to stay. About 5.7 million listings of those places are apartments and homes compared to 6 million on Airbnb.
Hotel and travel AI startup secures $41 million funding round
04/09/2019
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3:14:02 PM
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Zhuiyi Technology will use the funding for developing AI technology and products, recruitment, ecosystem building and overseas expansion.
Cathay Pacific makes biggest job cuts in 20 years
05/22/2017
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9:44:21 AM
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Cathay Pacific is cutting 600 jobs, its biggest headcount reduction in almost two decades, as it seeks to return to profitability in an industry battered by falling ticket prices.
Max Levchin’s Affirm raises $300 million for payments tech
04/04/2019
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4:01:45 PM
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Affirm was valued at $2.9 billion in the latest funding round. In 2018, it had a loan volume of more than $2 billion.
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