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Meituan warns of pandemic-hit loss; Shanghai attractions close again | Daily Brief
03/31/2020
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12:09:00 AM
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State bank ICBC provides USD 14.5 billion in financing to cultural and tourism firms in Beijing; TravelSky processed 1,071.9 million transactions and 432.8 million BSP tickets last year.
OTA expects up to 75% revenue drop; Authority buys tickets to help airlines | Daily Brief
04/10/2020
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12:27:48 AM
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Hong Kong will buy 500,000 flight tickets from the city’s airlines as part of a stimulus; China's domestic travelers decreased 61.4% during a three-day holiday.
Mainland China's hotel industry data show early signs of recovery
04/03/2020
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2:28:26 PM
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In Beijing, daily occupancy sat around 10% for most of the first week of March but climbed to as high as 21.6% on 28 March.
China curbs overseas arrivals; OYO falls short in Japan | Daily Brief
02/26/2020
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10:26:24 AM
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Some Chinese cities have begun to restrict arrivals from overseas, signaling that the epidemic’s momentum has shifted outside of China.
W.H.O. declares global emergency, Singapore bans Chinese visitors - Virus Updates
01/31/2020
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4:03:06 PM
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The toll on travel and hospitality could be worse than during the SARS epidemic when Chinese travelers were a smaller group than they are today.
Travel photography platform Yimeiyipai.com secures tens of millions of yuan
12/03/2019
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1:45:23 PM
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Yimeiyipai.com has expanded its service to 200 global travel destinations and serviced 200,000 travelers with 1,300-plus active photographers.
What does OYO mean for the Chinese hotel industry?
09/04/2019
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6:39:38 PM
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The standalone hotels that are hidden below the iceberg present a trillion-RMB market experiencing consumption upgrade.
Travel photography platform Roto Travel raises 50 million yuan in funding
08/12/2019
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11:10:10 AM
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Roto Travel will use the proceeds to consolidate existing business and establish a travel content portal and community by pooling together travel resources and travel photography KOLs.
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