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Search results for “F”
Global top 3 tourism nations unveiled, China's hotel markets remain strong and more
01/17/2020
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4:57:00 PM
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OYO is firing thousands of staff across China and India; Six Flags is struggling with its planned parks in China and might scrap plans to complete them.
China’s star-rated hotels gross USD 7 billion income and 59.88% AOR in Q3
01/10/2020
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10:53:55 AM
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Guest room incomes totaled 23.55 billion yuan, accounting for around 48% of total revenue.
Travel startup investments in 2019
12/12/2019
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6:29:29 PM
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This year saw several $100 million-plus investment rounds - with five new companies achieving unicorn status in the process.
RevPAG – The new indicator of hotel revenue performance
09/24/2019
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11:03:11 AM
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RevPAG is a more advanced metric for hotels to measure their revenue performance focusing on guest spending during stay.
Airbnb to go public in 2020
09/24/2019
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5:52:28 PM
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Since its founding in 2008, Airbnb has raised a total of $4.4 billion and acquired 21 companies.
AvantStay locks in $20M in funding, looks to expand short-term rental portfolio
09/19/2019
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4:36:33 PM
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AvantStay already works with Airbnb, Vrbo, HomeAway and other rental platforms.
Foreign hotels open to diversifying distribution mix in China
07/30/2019
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6:13:44 PM
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Mini programs on Taobao, shopping links on Douyin…the new developments exemplify how exciting is China's ever-evolving e-commerce. And foreign hotel companies are increasingly trying to be a part of that.
Chinese star-rated hotels generate 52.58 billion yuan in Q4 2018
07/29/2019
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11:18:38 PM
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In Q4 2018, the ARR of China’s star-rated hotels was 356.34 yuan per room night, up by 1.17%; the AOR was 57.43%, down by 0.50% and RevPAR was 204.63 yuan, up by 0.66%.
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