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Search results for “average room rate”
Chinese star-rated hotels generate 57.77 billion yuan in Q4, AOR at 57.71%
03/20/2018
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6:37:32 PM
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Some 9,775 star-rated hotels in China reported totaled operating incomes of 57.77 billion yuan in Q4 2017, of which 25.251 billion yuan, or 43.71%, was room revenues.
Boutique B&B brand Short Stay Technology raises multi-million-dollar financing
03/20/2018
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9:18:47 AM
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Short Stay Technology, founded by Qyer former COO, has recently secured millions of dollars in funding. It will further develop housing source to expand in major tourist cities in Japan.
Hotel giant China Lodging Group nets $1,255 million in 2017, RevPAR up 14.4%
03/14/2018
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9:19:02 AM
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The Company provided guidance for Q1 2018 net revenues growth of 27% to 29% year over year and full year 2018 net revenues growth of 16% to 19% from 2017.
ChinaTravelNews Briefing: Alibaba, Ctrip, statistics & forecasts, acquisitions & investments
02/11/2018
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10:17:01 AM
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Alibaba’s Fliggy, Ctrip, Tongcheng-eLong and TravelFlan had new moves in the market, tourism statistics provided an update on China’s tourism performance, and acquisitions & investments had been made.
Major factors impacting hotel website conversion and solutions
02/05/2018
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8:31:38 PM
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Traffic, devices, locations and rates are the four major factors that inpact hotel website conversion rates, but looking only at conversion rate solely can miss the bigger picture.
Uber-like hotel platform Xbed secures $16 million
02/07/2018
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10:23:36 AM
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Currently there’re over 20,000 properties in 44 cities across China with nearly a million registered users, and the inventory is expected to reach 100,000 after the completion of the current round.
Chinese star-rated hotels record 60.58% occupancy rate
01/22/2018
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9:38:30 AM
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Some 10,065 star-rated hotels in China reported totaled operating incomes of 53.808 billion yuan in the third quarter of 2017, of which 26.242 billion yuan, or 48.77%, was room revenues.
Hotel tech startup Tink Labs shares secret to Handy's success
02/15/2018
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3:01:54 PM
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The B2B2C approach helps hotels to increase revenue and guest satisfaction, and make travelers spend more time in hotel.
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