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Search results for “RevPar”
H World shows faith in lower-tier cities residents’ spending power
08/29/2023
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3:35:34 PM
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Lower-tier cities in China offer a massive growth potential, especially considering the fact that around 70% of China’s population resides in these locations.
Wyndham drives rate, pipeline growth in Q2
07/28/2022
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4:59:02 PM
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The group is counting on rate and net-unit growth to stay competitive and afloat amid the myriad headwinds still facing the hotel industry.
Trip.com Group continues to count on generative AI to serve travellers
09/05/2023
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5:03:13 PM
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The group’s AI assistant, TripGenie, released new features plus a new initiative, AI-generated content production, too, was taken in Q2.
Huazhu Group reports 18% RevPAR decline from pre-pandemic level
10/28/2021
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12:57:38 PM
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The blended RevPAR of Legacy-Huazhu during the Golden Week recovered to only approximately 82% of the 2019 level.
Air China plans to take delivery of 737 Max; Meituan benefits from strengthening “consumer mindshare” in travel | Weekly Review
09/02/2023
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10:03:54 AM
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H World shows faith in lower-tier cities residents’ spending power; Baidu becomes first in China to offer driverless airport rides.
IHG posts Q3 results, group RevPAR down 21% vs 2019
10/25/2021
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6:30:55 PM
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Increases in Covid-19 cases and the reintroduction of temporary restrictions resulted in RevPAR weakening to a 55% decline in August in Greater China.
Fosun Tourism posts 38% revenue rise; Boeing to deliver new 737 MAX to Chinese airlines | Daily Brief
08/29/2023
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7:33:21 PM
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Global air tickets face potential price hikes as Chinese return to the skies; Didi’s smart EV division to be taken over by Xpeng.
China’s hotel chain Zhiding Yuemei files for U.S. IPO; Meituan posts $644 million net profit in Q2 | Weekly Review
08/26/2023
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10:41:49 AM
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Hilton bets on China’s middle class as it eyes about 730 hotels in next 10 years; Trip.com Group forms joint venture with Japan's JTB.
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