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Thursday, August 2, 2018

Daily Bulletin: Rise of the Chinese traveler | Hyatt allies with luxury hotel company

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DAILY BULLETIN
August 2, 2018
TOP STORIES
Tourism takeover: Chinese travelers changing the industry
With a rising population of wealthy travelers eager to see the world and a government that uses tourism as another arrow in its diplomatic quiver, China is poised to dominate the industry.
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Hyatt uplifts loyalty program with Small Luxury Hotels partnership
The companies hope to merge their loyalty programs by the end of the year.
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DOT making airline on-time
stats more thorough
In August, the report will for the first time aggregate the numbers of mainline carriers with those of their regional partners.
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RCCL embarks on Silversea revitalization project
A new champagne and caviar service will be implemented, and upgrades of ships will be more comprehensive than originally planned.
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MORE NEWS
Hyatt's Q2 robust, except for home-sharing investment
The company reported a $22 million impairment charge against Oasis, a home-sharing business in which Hyatt made a minority investment last summer.
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Initial itineraries revealed
for Crystal's first yacht
The first voyage of the Crystal Endeavor will be a 17-day exploration of the Russian Far East, departing Tokyo on Aug. 10, 2020.
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Accor continues U.S. expansion with 21c acquisition
AccorHotels has agreed to pay $51 million for an 85% stake in the eight-hotel boutique brand.
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Mandarin Oriental taking
over Lake Como resort
The CastaDiva Resort & Spa will be rebranded as the Mandarin Oriental Lake Como in spring 2019 following a refurbishment.
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DAILY BULLETIN Editor:
Kimberly Scholz
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