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Search results for “average room rate”
Expedia Q3 reports 9% growth both in gross booking and total revenue
11/07/2019
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9:52:56 AM
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Gross bookings and revenue both increased by 9% to $26.9 billion and $3.6 billion separately. Total stayed lodging room nights increased by 11%.
Expedia Group prioritizes for travelers and partners
11/14/2019
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10:25:12 AM
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Expedia Group is on a quest to provide stress-free, frictionless travel powered by AI and ML.
RevPAG – The new indicator of hotel revenue performance
09/24/2019
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11:03:11 AM
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RevPAG is a more advanced metric for hotels to measure their revenue performance focusing on guest spending during stay.
Ctrip takes global expansion to reduce risks from geographic uncertainties
09/10/2019
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6:13:44 PM
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Trip.com has achieved "quite sustainable profitability" in Hong Kong, and is very close to break-even point in Japan and South Korea, according to CEO Jane Sun.
Meituan reports 42.8% rise in in-store, hotel & travel businesses revenue in Q2
08/23/2019
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6:39:29 PM
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GTV of in-store, hotel & travel businesses grew by 20.7% to RMB51.3 billion in the three months ended June 30, 2019 from RMB42.5 billion in the same period of 2018.
China’s hotel construction expands with all-time high despite economic slowdown
09/03/2019
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3:02:35 PM
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China's total hotel construction pipeline swelled to 2,991 projects/592,884 rooms in the first half of 2019, up 19% by projects and 7% by rooms year-over-year, both at all-time highs, amidst an economic slowdown.
Virtual interlining model for hotels – set to compete with OTAs?
09/02/2019
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5:24:45 PM
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Travelers generally find it tough to be flexible with their accommodation requirements in one itinerary. For instance, the idea of choosing different hotels in one location at one go or choosing different room options in one hotel to avoid the sold-out situation.
Global CRM Study: The state of CRM and guest data management
09/05/2019
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3:51:26 PM
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Personalization is the path to better guest relations.
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