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Search results for “RevPar”
Accelerating group hotel demand boosts Marriott's second-quarter performance
08/05/2022
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12:16:07 AM
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In Greater China, RevPAR declined more than 50% compared to 2019 because of lockdowns in many major cities.
Accor's soft outlook offsets revenue jump, shares sink 9%
07/30/2022
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5:40:08 AM
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Q1 RevPAR exceeded pre-COVID levels for the first time.
Huazhu better equipped to deal with ups and downs of the business cycle
06/02/2022
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10:47:10 AM
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Taking care of its stakeholders and refining its sales strategy as per the demand being seen locally, the hotel company believes it is now better prepared to deal with uncertainty.
Huazhu posts bigger loss in Q1, expects revenue to drop 2%-6% in Q2
05/31/2022
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6:06:41 AM
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Revenue excluding DH is expected to decline 23% to 27% in the second quarter, mainly due to large impacts from Omicron variant outbreak in China.
Asia-Pacific hotel pulse: lockdowns in China hold back hotel performance of Marriott, Hilton, MGM Resorts
05/26/2022
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3:21:31 PM
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MGM Resorts International properties in Macau in China continue to face headwinds.
IHG's Greater China RevPAR drops 62% in half year
08/12/2020
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5:15:34 PM
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The Greater China area generated USD 18 million in half-year revenue for IHG, and that's only 1.4% of the UK-based hotel chain's global income in the period.
Upscale hotel group New Century reports 17% revenue decrease in 2020
03/15/2021
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9:45:34 PM
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The RevPAR of mid-scale full service hotels was RMB181.5 in the second half of 2020, representing an increase of 88.5% from RMB96.3 of the first half of 2020.
Huazhu domestic business significantly interrupted by large scale COVID outbreak
05/07/2022
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12:10:42 AM
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Overseas business Legacy DH has been experiencing continuous RevPAR recovery since Germany unfolded its opening-up plan in mid-February.
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