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Search results for “US lodging”
Ascott forms JV with Huazhu Hotels, CJIA Apartments to grow Citadines in China
05/09/2018
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10:12:26 AM
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The joint venture will have an initial registered capital of 100 million yuan ($21 million), with Ascott, Huazhu(China Lodging) and CJIA holding 50%, 10% and 40% respectively in the partnership.
BTG Homeinns, China Lodging upgrade budget hotel services for the future
05/14/2018
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11:29:57 AM
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The rise of rentals, aging of facilities and competition from mid- to high-end hotels and bed-and-breakfast facilities also posed a challenge to budget hotels.
Hotel giant China Lodging Group nets $1,255 million in 2017, RevPAR up 14.4%
03/14/2018
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9:19:02 AM
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The Company provided guidance for Q1 2018 net revenues growth of 27% to 29% year over year and full year 2018 net revenues growth of 16% to 19% from 2017.
China hotels to gross $796 billion in 2018 in accommodation and F&B services
04/13/2018
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5:54:46 PM
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Hotel report projects that China’s hotel industry will gross RMB 5 trillion from accommodation and F&B services in 2018. Jinjiang, BTG Homeinns and HUAZHU have been identified as the three biggest hotel groups.
TripAdvisor revenue rises 2% in Q4 2017 and 5% in FY 2017
02/15/2018
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9:08:16 PM
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User reviews and opinions grew 29% year-over-year and reached 600 million at December 31, 2017. Q4 revenue totaled $321 million, up 2%; and full year revenue reported $1556 million, up 5%.
Peer-to-peer RV marketplace Outdoorsy drives away with $25 million
02/14/2018
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10:31:36 AM
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Outdoorsy offers the largest bookable inventory of RVs worldwide, creating what it calls a “third lodging category” of mobile rooms as an alternative to hotels and home-sharing.
ChinaTravelNews Briefing: Alibaba, Ctrip, statistics & forecasts, acquisitions & investments
02/11/2018
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10:17:01 AM
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Alibaba’s Fliggy, Ctrip, Tongcheng-eLong and TravelFlan had new moves in the market, tourism statistics provided an update on China’s tourism performance, and acquisitions & investments had been made.
Accor CEO: Chinese tourists look beyond APAC, changing global hospitality
12/21/2017
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3:10:33 PM
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"Accor probably is making more profit as an investor in China Lodging than we could have made by remaining independent for the next 50 years", said Sebastien Bazin, Chairman and CEO of AccorHotels.
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