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Search results for “price-cutting”
HNA to streamline its travel services with new $7.5 billion HiApp
01/22/2018
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8:56:05 AM
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All the details about HNA’s HiApp are still not out, but this story makes the case that the company would be wise to offer services across its travel portfolio in one place.
How high speed rail around the world challenges airlines with various merits
01/14/2018
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8:08:28 AM
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Air service is impacted by high-speed rail, but it does not lead to a significant reduction of passengers; and the new rail industry is seeing its most vibrant growth in China.
Chinese airlines court Cathay pilots facing pay squeeze
11/24/2017
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11:35:54 AM
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Chinese airlines are circling disaffected pilots at Hong Kong’s Cathay Pacific Airways offering sky-high salaries to fill a shortage of experienced captains in a rapidly expanding aviation industry.
Alibaba-invested repricing startup Hotelmize eyes expansion in China and Asia
04/29/2020
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9:56:10 AM
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While saving costs for travel companies means cutting hotels’ profits, Hotelmize said hotels will need to improve pricing methods.
Hong Kong luxury shopping gets updated as travelers venture elsewhere
10/30/2017
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10:07:56 AM
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Wharf, Hong Kong’s biggest retail landlord, saw 3% sales growth because its Harbour City mall is less reliant on luxury sales.
Winding Tree is the new kid on the blockchain set on disrupting intermediaries
09/11/2017
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5:25:50 PM
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Winding Tree wants to create an open source blockchain with its own token supporting a decentralized travel industry, remove middlemen and allow people to execute contracts without the need for trust.
Airbnb pushes forward localization in China with a Chinese team
09/08/2017
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1:07:58 PM
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Airbnb in China has made its domestic business as important as its outbound business, and it has amassed 120,000 active property listings and drawn up to 2.5 million guests to those properties so far.
Can Hertz's 101-year-old business near twilight in Uber age?
08/19/2017
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10:42:14 PM
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Losses at Hertz are piling up and Avis is confronting trouble. Now Uber and Lyft have taken 3-4% of revenue from car-rental companies, mostly from business done at airport counters.
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