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Event marketing startup Banzai raises $7M
More than 200 leading companies such as Dell, Google, Microsoft, and Oracle use Banzai to streamline their registration process.
Hilton pulls Q1 and full-year 2020 guidance amid virus spread
Hilton believes that the potential negative impact will be greater than the previous estimate.
Asia is restricting visitors; Agoda offers long-term stays | Daily Brief
Trip.com Group-backed hotel firm reported virus impact of RMB 20.77 million in 38 days; Scandinavian airline SAS will temporarily lay off 10,000 employees, or 90% of its workforce.
Beijing quarantines inbound travelers; airlines face bankruptcy | Daily Brief
Chinese airlines including Air China and China Southern are to reduce international flights in response to the coronavirus pandemic; CAPA said most global airlines will be bankrupt by the end of May.
OYO raises $807 million from SoftBank and RA Holdings
This round will value OYO at $7.7 billion.
OTA giant sees revenue falling by half; Foreign arrivals to Japan plunge 58% | Daily Brief
Trip.com Group expects net revenue to decrease by 45%-50% in the first quarter; Four-fifths of flight capacity between China and the rest of the world has been cut back.
OTA boss advises mobile tech to fight virus; Marriott sees recovery in China | Weely Review
Asia's largest online travel group expects its net revenue to drop by nearly half in Q1; China's air regulator moved to divert incoming international flights from Beijing to elsewhere.
China data portend tough times for US hotels; Cathay cuts 96% flights | Daily Brief
Major Chinese airlines registered over 30-percentage-point declines in load factor; Fosun Tourism's China operation slowly recovers.
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Forward bookings for China domestic air travel show dramatic rebound
OYO sees signs of recovery in China after coronavirus outbreak
Trip.com Group chairman: How mobile apps could help to contain virus
Chinese hotel CEOs gear up for new normal, expect rebound by mid-Q2
Travel retail: Break old models to build new ones
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