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Search results for “Mercure hotels”
Accor further offloads 1.5% stake in Huazhu Group
02/20/2021
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11:40:07 AM
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After this transaction, Accor still owns a 3.3% stake in Huazhu and continues to be represented at the Group’s Board of Directors.
Huazhu Group gears up for expansion in lower-tier cities
12/09/2020
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11:31:23 AM
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The Chinese multi-brand hotel group mentioned that tier-3 and below cities accounted for 50% of the total pipeline at the end of October. The plan is to establish both middle-scale and economy brands in these places.
Huazhu Group files prospectus for secondary listing in Hong Kong
09/10/2020
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12:16:47 PM
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Huazhu will raise no more than USD 970 million through the second listing in Hong Kong.
World’s top 50 valuable hotel brands could lose up to $14 billion of brand value
05/22/2020
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5:25:28 PM
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Hilton remains world’s most valuable hotel brand, up an impressive 35%. Mercure is fastest growing brand, following staggering 57% growth.
Accor's Bazin revamps hotel group's focus to Asia and luxury
03/22/2020
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11:52:21 PM
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Bazin aims to grow earnings from its loyalty program to more than €100 million.
China’s hotel construction expands with all-time high despite economic slowdown
09/03/2019
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3:02:35 PM
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China's total hotel construction pipeline swelled to 2,991 projects/592,884 rooms in the first half of 2019, up 19% by projects and 7% by rooms year-over-year, both at all-time highs, amidst an economic slowdown.
Ebix to acquire Indian online travel agency Yatra for $337.8M
07/18/2019
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1:15:46 PM
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The acquisition of Yatra would lend itself to significant synergies and the emergence of EbixCash as India’s largest and most profitable travel services company.
Accor Hotels holds 10.2% and Ctrip holds 7.5% equity of Huazhu
04/22/2019
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6:10:46 PM
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As of December 31, 2018, Huazhu operated 4,230 hotels in China with hotel network covered 403 cities in 32 provinces and municipalities across China.
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