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Search results for “supply growth”
Beijing easing business travel rules; Didi to delist from US market | Weekly Review
12/05/2021
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4:35:11 PM
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China says it can beat Omicron as world rushes to impose travel bans; Chinese Embassy in the Philippines demands reasonable flight pricing.
OYO, Jin Jiang lead Asia Pacific hotel supply and growth
11/04/2019
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2:45:19 PM
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OYO’s Asia-Pacific portfolio covers 952,495 rooms and as of June, the company had 500,000 rooms across 10,000 hotels in China alone.
Expedia posts third-quarter revenue of $2.96 billion
11/05/2021
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8:45:39 AM
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Gross bookings in Q3 was $18.7 billion, up by 117% year-on-year.
Trip.com Group set to capitalize on growth drivers
09/25/2021
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10:14:28 AM
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As travelers travel to top destinations and traditionally crowded attractions, the group is growing its cross-selling beyond pre-pandemic level.
Alibaba’s travel brand Fliggy makes strategic investment in home-sharing platform Xiaozhu
09/25/2021
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2:43:34 PM
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As of June 2021, Xiaozhu had more than 800,000 listings on its platform.
Meituan CEO: Demand for travel was stronger in Q2 versus Q1
09/03/2021
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10:06:57 AM
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Q2 started by facilitating recovery in the travel sector in China before travel restrictions came back to disrupt the same. Nevertheless a company of Meituan’s stature proved that they can sustain their growth trajectory in their hotel business.
Meituan posts an operating loss of RMB 3.3 million for second quarter
08/30/2021
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5:11:59 PM
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Meituan claims that its food delivery and in-store, hotel & travel segments maintained high growth during the quarter.
How outsized supply growth is affecting Chinese hotels
08/13/2019
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6:05:36 PM
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For the first time since 2016, STR data shows mainland China supply growth outpacing demand growth, leading to occupancy declines.
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