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Search results for “average room rate”
As Airbnb grows, this is exactly how much it’s bringing down hotel prices and occupancy
05/30/2019
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6:07:06 PM
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Research shows that every 1% increase in the number of Airbnb properties decreased the average revenue per room by 0.02%.
Ctrip takes customized travel to version 3.0 and shoots for RMB10B GMV in two years
06/23/2019
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10:42:37 PM
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Anticipating rising demand for customized travel, Ctrip has launched its 3.0 version platform to streamline processes for suppliers and serve high net-worth travelers with sharpened itinerary offerings.
Why Airbnb’s IPO will outdo Uber and Lyft
06/20/2019
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6:40:09 PM
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Airbnb's edges in user experience, asset appreciation, autonomy, scale economy is much higher than Uber and Lyft.
Huazhu Group closes 60 hotels in Q1
05/28/2019
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9:22:59 AM
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Huazhu CEO Jenny Zhang said it had developed slightly different distribution approaches and fee structure to be more flexible in accommodating needs of independent hotels.
Huazhu net revenue rises 14.2% to $356 million in Q1
05/23/2019
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7:31:53 AM
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Hotel turnover increased 17% to RMB7.2 billion. Net revenues from manachised and franchised hotel were RMB1.7 billion (US$257 million), representing a 15.2% year-over-year increase.
GreenTree's revenues grow 20.1% to $35.1 million in Q1 2019
05/24/2019
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6:51:08 PM
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Occupancy rate was 78.1%, a decrease of 1.1% year-over-year. And RevPAR increased 2.5% to RMB127 in the first quarter of 2019.
How Booking.com could bring an end to the dreaded hotel resort fee
05/24/2019
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1:41:55 PM
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Resort fees are estimated to have brought in up to $2.93 billion in 2018 alone. The average fee climbed 11% last year to $21 per night.
Sharp demand growth drives record-high occupancy for U.S. airport hotels
04/11/2019
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4:55:00 PM
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The ADR of U.S airport hotel may be affected by “contract” business and the lack of pricing power during weekends and thus grows below the overall market average.
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