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Search results for “pay cut”
Corporate travel to take a $560B hit; searches for flights up 138% | Daily Brief
03/02/2020
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4:49:38 PM
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China allocated USD 814 million to support project construction in the cultural tourism industry; Singapore Airlines is cutting pay for management staff.
Airbnb halts marketing spend in $800M savings plan
03/31/2020
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7:32:42 PM
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Airbnb will pay hosts $250 million to partially cover the cost of coronavirus cancellations.
Could addiction to debt come back to haunt some online travel companies?
04/08/2020
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6:28:31 PM
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Expedia Group’s long-term debt grew to $4.18 billion while Booking Holdings reported a $7.64 billion in 2019.
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.
Trump bans a Chinese acquisition; Booking restructures BU | Weekly Review
03/07/2020
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11:15:20 PM
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Booking.com's China director has been ousted; An Alibaba-invested outbound travel company liquidated amid virus outbreak.
Beijing quarantines inbound travelers; airlines face bankruptcy | Daily Brief
03/18/2020
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12:45:03 AM
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Chinese airlines including Air China and China Southern are to reduce international flights in response to the coronavirus pandemic; CAPA said most global airlines will be bankrupt by the end of May.
China considers airlines bailout; OYO fights to keep hotels open | Daily Brief
02/19/2020
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12:07:04 AM
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Malaysia looks to locals and non-Chinese visitors in fulfilling tourist-arrivals target; China plans to take over indebted conglomerate HNA Group and sell off its core airline assets.
Trip.com CEO slashes salary to zero as the coronavirus slams travel
03/10/2020
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9:32:58 PM
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CEO Jane Sun was confident that pent-up demand will drive recovery for Trip.com once the outbreak is over.
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