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China sees plunge in travel rush; Cathay raises $870 million | Daily Brief
01/28/2021
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10:44:13 PM
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Beijing raises Covid requirements on travelers from low-risk area; China urges less travel during upcoming holiday.
Cathay Pacific raises $870 million in bonds to shore up liquidity
01/28/2021
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2:29:58 PM
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Top shareholder Swire Pacific’s stake in Cathay will be diluted to 37.9% from 45% and Air China’s stake will fall to 25.3% from 30%.
The 12 travel startups to watch out for in 2021
12/30/2020
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9:08:30 AM
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Travel startups will not only play a large role in helping us adjust to the new normal and restore confidence in travel, but also challenge the fundamental ways of how we’ve thought about travel.
Two travel giants raised $4 billion to ride out the pandemic. Only one needed it.
12/04/2020
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5:49:40 PM
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While they offer similar services and are global players, the two rivals are stronger in different geographies, which has also shaped the crisis's impact on their business.
Tongcheng-elong’s CEO throws light on effective recovery strategy in Q3
11/28/2020
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8:52:19 PM
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The company is looking at cost-effective traffic sources, especially in lower-tier cities, and banking on technological innovations going forward. The plan is to have 200 million annual paying users by 2021.
Shanghai Disney Resort's Joe Schott on lessons learned in the pandemic
11/19/2020
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4:20:18 PM
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"We had to make changes daily."
Thinking beyond "survival mode" – Key takeaways for hotel distribution recovery
10/26/2020
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1:35:36 PM
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Once a new revenue stream has been added, the business line won’t stop even after the pandemic.
Government kept to sidelines as Google got big. Now it has chance to rein company back in.
10/25/2020
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3:23:50 PM
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Google evolved from a turnstile to the rest of the web to a walled garden that increasingly keeps users within its sights.
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