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Search results for “average room rate”
Subscription services, hotels, timeshares compete with vacation rentals for 'workcation' customers
02/23/2021
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6:40:49 PM
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Sales of Selina's 30-day subscription products have risen 300% in the last four months.
Singapore sees plummeted number of Chinese visitors in 2020
02/03/2021
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12:00:51 PM
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Visitors from the Chinese mainland spent some 537 million SGD, in the first nine months of last year, down 83% year on year.
Mapping the travel sector’s recovery
01/29/2021
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5:45:50 PM
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In all of these markets, new and old, providers’ agility and speed when adopting digital channels has been crucial.
China is much closer to recovering hotel ADR than Europe, US
12/22/2020
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12:28:07 PM
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Supply growth in China slowed this year even after demand improved toward pre-pandemic levels. Europe and the U.S. will likely experience a similar trend.
STR: How will U.S. hotel industry be like in the new year?
01/04/2021
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5:19:23 PM
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STR projects ADR growth of just over 5% in 2021 and likely the same or a more subdued pace going forward.
Tongcheng-elong’s CEO throws light on effective recovery strategy in Q3
11/28/2020
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8:52:19 PM
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The company is looking at cost-effective traffic sources, especially in lower-tier cities, and banking on technological innovations going forward. The plan is to have 200 million annual paying users by 2021.
How China’s Jin Jiang and Huazhu put Marriott and Hilton to shame
12/04/2020
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8:35:34 PM
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Huazhu is now worth USD 16bn, behind only Marriott and Hilton Worldwide among the world’s listed hoteliers.
Xbed hotel brand raises more than $15 million, aiming for expansion in lower-tier cities
11/22/2020
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11:07:48 AM
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Xbed now has a total number of 3.7 million registered users.
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