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Boom raises $100 million to develop a supersonic airliner
01/07/2019
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2:16:13 PM
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Whether Overture's economics will prove out depends on a crucial and expensive missing element: Boom doesn’t have an engine lined up yet.
Hotel revenue management: solutions, best practices, revenue manager’s role
01/06/2019
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11:20:51 AM
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While revenue management is focused on the whole revenue of a business, including ancillary revenue and spending, yield management focuses on the price and the volume of sales.
Online travel players Qunar, Meituan reportedly have mass layoffs
12/25/2018
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10:32:58 AM
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The internet industry has developed so well in China for the past 20 years, but has now hit a slowdown in growth levels.
Traveloka has bought Indonesian rival Pegipegi, two others for $66.8 million
12/18/2018
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11:33:44 AM
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Traveloka has acquired three online travel agencies (OTAs) – Indonesia’s Pegipegi, Vietnam’s Mytour, and the Philippines’ Travelbook – for USD 66.8 million earlier this year.
Jin Jiang’s Radisson bid highlights capital differences
12/13/2018
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4:49:58 PM
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The acceptance period for the new offer will run between 7 January and 1 February, with Radisson due to comment on the deal no later than two weeks from the beginning of February.
Wanda unveils mid-end hotel brand, Shangri-La ties up with Klook, and more
12/10/2018
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11:54:46 AM
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Visa-free entry to the EU may add €12.5 billion more tourism spending from Chinese visitors every year. Budget airlines in China are actively growing ancillary revenues, while state-owned carriers only provide prepaid seat selection options for international flights.
Full Chinese visa liberalization may generate €12.5 billion spending for EU
12/05/2018
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9:44:56 AM
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A full visa liberalization scenario between China and the EU is likely to increase the average growth of Chinese arrivals from 7% to 18% per year between 2018-2023.
VisitBritain links with Tencent to attract more Chinese tourists
11/21/2018
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10:49:47 AM
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Britain has seen record visits from China in the first half of 2018 with 137,000 visits, up 19% on the same period last year.
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