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Search results for “average daily room rate”
Huazhu net revenue increases by 10.4% to US$427 million in Q3
11/13/2019
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9:40:27 AM
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Hotel turnover increased by 19% to RMB10 billion. Net revenues from leased and owned hotels were RMB2.1 billion, representing a 1.8% year-over-year increase.
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%.
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.
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.
Foreign hotels open to diversifying distribution mix in China
07/30/2019
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6:13:44 PM
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Mini programs on Taobao, shopping links on Douyin…the new developments exemplify how exciting is China's ever-evolving e-commerce. And foreign hotel companies are increasingly trying to be a part of that.
China hotel market & forecast to 2023 by hotel type
07/01/2019
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1:39:53 PM
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The China hotel market is expected to be USD 136 billion (yuan 938 billion) by the end of the year 2023.
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