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Search results for “sharing-economy”
Tencent-invested OTA sees recovery, Chinese travelers switch to private tours | Daily Brief
08/28/2020
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11:01:53 PM
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Chinese OTA Tuniu reported 97% drop in packaged-tour revenue; TravelSky posted 40% decrease in half-year revenue.
China eases restrictions on foreign agencies; Air-rail service takes off | Weekly Review
08/29/2020
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8:37:48 PM
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Pinduoduo ventures into hotel business, taking on Trip.com and Meituan; Airbnb adds 100,000+ new guests in China.
Beijing tightens regulations on urban home-sharing business
08/25/2020
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11:29:45 AM
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The move is intended to promote sustainable development in the long run, though homestay players will be hit in the short term.
Marriott posts 65% occupany in China; OTA believes in "revenge travel" | Daily Brief
09/16/2020
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11:19:44 PM
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Huazhu prices global offering at HKD 297 to raise around USD 783 million; Alibaba may invest in Grab to bolster its business in Southeast Asia.
US eases China travel warning; The Peninsula dumps Oracle to use Shiji | Daily Brief
09/15/2020
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7:08:09 PM
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Hotel giant Huazhu reports nearly 32% drop in Q2 revenue; Hong Kong secures multiple first-ever MICE events amidst pandemic challenges.
Accor-IHG merger needs Jin Jiang consent; Travel agencies gross $100 billion | Daily Brief
08/25/2020
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11:30:41 PM
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Pinduoduo ventured into hotel business, taking on Trip.com and Meituan; Beijing tightened regulations on urban home-sharing business.
Duty-free boom fuels surge in Chinese tourism stocks
08/12/2020
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11:58:43 AM
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State-backed China Tourism Group Duty Free Corp. has surged 143% in Shanghai this year, helping fuel a 19% rise in the CSI Tourism Thematic Index.
China’s Top 50 Hospitality Groups Report 2020: Opportunities coexist with crisis
07/24/2020
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10:10:16 PM
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Midscale hotels are still growing fast and playing a key role in China’s hotel industry.
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