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Search results for “non-room revenue”
Accor works on a domestic travel recovery promotion in China
06/23/2020
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5:01:50 PM
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Accor worked with travel and social media platforms including Ctrip, Fliggy, Meituan Dianping and WeChat, capturing the pent up domestic demand for travel and even impulse consumption by rewarding loyalists.
Top Chinese carriers confident of their FFP members staying loyal
06/04/2020
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9:08:15 AM
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Chinese carriers not only took initiatives to assure their loyalty program members about the utility of loyalty currency and membership benefits, but they also paved way for smaller non-air redemptions to subsidize member's shopping for essentials during the coronavirus crisis.
OYO appoints CEO for its China unit
05/16/2020
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10:33:18 PM
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The China market generated USD 307 million in revenue for OYO in FY2019, but also posted a net loss of USD 197 million, accounting for nearly 60% of the company's total annual loss.
Hotel firm GreenTree expects a 30%-35% drop in Q1 revenue
04/14/2020
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9:35:51 PM
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Due to the impact of COVID-19, the company may record a decline in total revenues of 10%-15% for the full year 2020.
Huazhu's net revenue rises 8.5%, same-hotel RevPAR down by 5.4%
03/27/2020
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8:19:48 AM
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Huazhu is expected to close 350-450 hotels, including planned closure of 300-350 hotels and special closure of 50-100 hotels impacted by COVID-19.
Fosun cuts stake in Booking Holdings; OYO sees recovery in China | Daily Brief
03/26/2020
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12:49:33 AM
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The online travel company co-invested by Trip.com Group and Tencent reported over 205 million monthly active users; Hong Kong expects to see “zero visitors” for months.
Trip.com Group expects revenue to drop 45%-50% amid COVID-19 outbreak
03/19/2020
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7:25:49 AM
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Net revenue grew 15% to USD 5.1 billion for the year.
Virus may cost 75M travel jobs; Forward bookings show dramatic rebound | Weekly Review
03/28/2020
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9:54:45 PM
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Hotel giant leverages equity investments to grow profit significantly last year; Chinese visitors to Japan plunge 87.9% in February.
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