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Search results for “relief package”
China reduces airlines burden by extending payment exemption
05/25/2020
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1:39:42 PM
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Extension of waiving fund payment and other relief measures will help ease the burden for the entire travel industry.
Booking Holdings applies for European relief with substantial layoffs possible
04/17/2020
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4:47:22 PM
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Expedia Group chairman Barry Diller said the recovery in the travel industry would probably happen in September and later.
Hotel recovery led by midscale & economy; Global aviation loss to rise to $2T | Daily Brief
04/11/2020
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6:28:44 AM
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Shanghai Airport stock slumps below target by the widest margin in 13 years; China's theme parks re-open with strict rules to prevent further outbreak of the virus.
OTA titan's CEO confirms COVID-19 infection
04/02/2020
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5:25:11 PM
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Glenn Fogel tested positive of coronavirus, but he continued to serve as Booking Holdings' CEO as he has not shown any symptoms since March 28.
Hundreds of hotels in Wuhan call for financial aid after providing free rooms for medical workers
04/16/2020
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3:18:28 PM
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These hotels have collectively provided 200,000 nights of free stays for healthcare workers, valued in total at more than $2.83 million.
Trip.com-invested hotel brand collapses; Airbnb halts marketing to save $800M | Daily Brief
03/31/2020
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11:25:59 PM
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Airbnb will suspend all marketing activities in a move which will save USD 800 million a year; China saw a huge uptick in flight searches.
U.S. airlines seek $50 billion government bailout after coronavirus outbreak
03/17/2020
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6:35:40 PM
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The amount will far exceed the bailout that airlines got after the terror attacks of September 2001.
Abandoned Hong Kong hotels go into survival mode amid virus fallout
02/26/2020
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3:18:10 PM
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The leadership of hotel CEOs in keeping their companies whole.
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