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Search results for “average room rate”
Shifts in marketing department expenditures reveals changes in tactics during recession
11/17/2021
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3:47:15 PM
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Despite rising levels of revenue, sales and marketing department expenditures are still on the decline for most of the property types.
Hong Kongers favor same-day bookings and luxury hotels while staycationing, with trend expected to prevail
11/30/2021
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1:00:37 PM
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The first two quarters saw a year-on-year growth of over 200% in Hong Kong's domestic hotel bookings, compared to 2019.
IHG posts Q3 results, group RevPAR down 21% vs 2019
10/25/2021
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6:30:55 PM
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Increases in Covid-19 cases and the reintroduction of temporary restrictions resulted in RevPAR weakening to a 55% decline in August in Greater China.
Marriott hits profit setback due to delta variant
11/04/2021
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1:52:41 PM
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Marriott reported a USD 220 million profit for the third quarter, a drop from the USD 422 million profit seen in the second quarter.
2021 China National Day holiday travel data: Bookings for short-haul trips increase by 56% year over year
10/11/2021
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2:54:00 PM
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Beijing surpassed Shanghai to be the most popular destination thanks to the attraction of Universal Studios.
Booking.com APAC chief: making business easier for anyone and anywhere
09/09/2021
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1:44:16 PM
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The Amsterdam-based online travel platform may have to wait till international travel reopens in China to maximize its regional recovery.
U.S. hotel performance slips while China roars back to life
09/20/2021
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7:17:13 PM
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Mid-week occupancy rates for the top 25 U.S. hotel markets steadily declined from more than 67% in late July to just shy of 56% at the end of August.
Tongcheng-Elong grows paying user base, counts on pact with Tencent
09/06/2021
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11:14:28 AM
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The Chinese online travel company continues to stand out for its user acquisition tactics and also deeper penetration in tier-3 or below cities in China.
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