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Search results for “restructuring”
Back to the future: lessons for the travel sector from China
04/21/2020
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10:52:24 AM
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The travel industry may gradually return to normalcy, but the landscape will look quite different.
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 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.
Chinese hotel CEOs gear up for new normal, expect rebound by mid-Q2
03/28/2020
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9:08:22 PM
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Senior executives from Plateno Group’s Xana Hotelle, 7Days Inn and Vienna Hotel Co. believe that they have weathered the COVID-19 storm with apt financial planning, and by responding with compassion.
How your Airbnb host is feeling the pain of coronvirus
03/11/2020
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11:00:38 PM
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Though the toll is shared by airlines and big hotel chains, many online travel sites have fewer resources to withstand a prolonged slump.
Global OTA fires China director; OYO cuts 60% of China staff | Daily Brief
03/04/2020
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11:17:56 PM
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Airbnb’s plan for public listing this year is at risk of slipping into 2021; China's ski industry may lose USD 1.1 billion.
Hainan Airlines says asset restructuring could lead to change of control
05/18/2018
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9:09:29 AM
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Hainan Airlines, a carrier affiliated with embattled HNA Group, said a Chinese provincial regulator was its controlling entity but flagged that control of the firm may change hands amid a widespread restructuring of its assets.
SoftBank-backed OYO firing thousands across China and India
01/15/2020
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2:36:07 PM
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The Indian startup is said to have dismissed 1,800 staff.
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