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Search results for “Orange hotel”
China Lodging Group buys Crystal Orange Hotel for $540 million
02/27/2017
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9:39:22 AM
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China Lodging Group (Huazhu Hotels) announced an agreement to buy 100% stake in boutique hotel operator Crystal Orange for RMB 3.65 billion (USD 540 million).
A profit-boosting consolidation wave could be headed for China
09/30/2017
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3:39:30 PM
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Consolidation is underway in almost half of China’s economy and is accelerating, helping companies boost earnings, regain pricing power, and ease debt-servicing burdens, according to CCB.
Huazhu net revenue up 25% to $381 million, occupancy rate at 89.6% in Q2
08/23/2018
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10:03:56 AM
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As of June 30, 2018, the number of hotel rooms in operation totaled 393,417, an increase of 9.4% from a year ago. Income from operations increased 53.2% year-over-year to $101.4 million for Q2.
Data of 130 million Chinese hotel chain guests sold online
08/30/2018
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11:10:50 AM
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The stolen data is 141.5GB in size, contains 240 million records, with information on roughly 130 million hotel guests that stayed at one of Huazhu hotel brands.
China Lodging buys 4.5% stake in AccorHotels, RevPAR up by 13.7% in Q1
05/22/2018
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10:16:18 AM
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China Lodging Group revised upwards the full year net revenues growth estimate from 16%-19% to 18%-22%. In the second quarter of 2018, and expects net revenues to grow 24%-26% year-over-year.
Hotel giant China Lodging's profit rises 60% in Q3 2017
11/29/2017
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7:58:55 AM
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Chinese hotel giant China Lodging Group recorded a 60% rise in net profit to USD 70.7 million, as 19.8% of net revenues. The firm has completed integration of Crystal Orange into Huazhu's platform.
ChinaTravelNews annual roundup: Major events of year 2017
12/18/2017
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2:15:13 PM
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In 2017, the World Tourism Alliance was set up, ITB debuted in Shanghai, China banned tours to S. Korea, Priceline invested in Meituan to compete with Ctrip, and local home-sharing is on the rise while Airbnb is slow to localize...
China Lodging expects 23%-26% revenue growth with Crystal Orange acquisition
08/17/2017
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8:00:45 PM
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China Lodging Group (Huazhu) raises net revenues growth range to 23%-26% given the consolidation of its Crystal Orange Hotel acquisition and better-than-expected performance in 2017.
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