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Search results for “recession”
US business travel spending to hit $299.9 billion in 2016
01/14/2016
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9:16:03 AM
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U.S. business travel will continue to grow at stable and steady rates over the next two years, despite significant headwinds from Asia Pacific, Latin America and the Middle East. These findings are part of the GBTA BTI Outlook - United States 2015 Q4.
Chinese travelers spend over USD 100 billion overseas in 2015
02/04/2016
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6:08:26 PM
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Chinese outbound visitor traffic in 2015 reached 120 million, up by 12% YoY, and they spent USD 104.5 billion, increased by 16.7% YoY.
Ctrip poised for 30% pop
02/03/2016
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11:37:06 AM
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Shares of Chinese online travel agency Ctrip.com International could gain as much as 30 percent this year as tail winds from the country's burgeoning travel industry spur rapid earnings growth, Barron's said.
IATA predicts steady profit levels for airlines in 2016
02/01/2016
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11:04:32 AM
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IATA said airlines globally can expect to see the record profit levels achieved in 2015 again this year, but with major variations across different regions.
Chinese investors to finance airport, luxury hotels in Bulgaria
01/30/2016
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5:24:34 PM
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Chinese investors is to invest 65 million euros in Sofia West Airport, and spend 204 million euros on hotels, marina.
Lessons hoteliers can learn from Airbnb
12/23/2015
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1:40:52 PM
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Airbnb's development model has helped the company grow stronger, but meanwhile it has also imposed huge pressure on hoteliers. Hoteliers should enhance communication with their customers, provide personalized service and improve customers' loyalty.
Is your booking flow ready for the Millennials?
12/03/2015
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4:20:23 PM
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The market is at a tipping point. Millennials are poised to become the dominant consumer segment globally, tipped to spend $200 million annually from 2017.
Marriott beats multiple suitors to get Starwood in for $12.2 Billion
11/17/2015
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10:03:21 AM
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At least three Chinese companies were pursuing bids for Starwood, a person with knowledge of the matter said in October.
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