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Search results for “average room rate”
Fosun Tourism reports 208% business volume increase during the 2022 Chinese New Year Holiday
02/09/2022
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1:46:41 PM
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Benefiting from the steady heating up of “snow and ice travel”, the seven-day average occupancy rate of Beidahu and Changbaishan Resorts was as high as 90%.
Hilton results top estimates as holiday travel boosts hotel occupancy
02/17/2022
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3:59:42 PM
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Systemwide ADR in the fourth quarter of 2021 was down 2.6% from 2019 level.
China’s alternative accommodation industry in 2021: ADR falls below $48
01/28/2022
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5:53:53 PM
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Over 75% of short-term rental properties saw revenue below RMB 1 million.
GreenTree Hospitality reports over 13% increase in gross profit for Q3 2021
01/13/2022
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4:50:30 PM
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The average daily room rate for all hotels in operation was RMB 163, an increase of 7.7% from RMB151 in the third quarter of 2020.
Macau five-star hotel occupancy averages 44% in Nov
12/30/2021
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4:19:52 PM
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For the first eleven months of this year, Macau’s average hotel occupancy rate stood at nearly 50%, with five-star hotels at 47.2% over that period.
Meituan underlines potential for sustainable growth in hotel bookings
11/30/2021
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2:08:09 PM
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The company stated that it not only continues to leverage its competitive advantage in lower-tier markets, but it is also improving its offering in the high-star hotel category.
Macau’s hotel occupancy falls to 44.6% in October
12/02/2021
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6:02:57 PM
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Around 1,000 visitors joined local tours in October.
GreenTree Hospitality net income drops 14% in Q2
11/16/2021
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6:44:58 PM
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The occupancy rate for all hotels in operation was 78.6%, an increase of 15.2 percentage points compared with the second quarter of 2020.
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