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Search results for “hotel direct sale”
IHG CEO: China is “second home market” and OTA is running hotels “to learn”
05/11/2019
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10:52:22 PM
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Mr. Keith Barr is not that concerned on the Chinese hotel giants' international play.
Ctrip's net revenue increases 21% to $1.2 billion in Q1 2019
05/23/2019
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7:05:20 AM
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Revenue of accommodation reservation, transportation ticketing, packaged-tour and corporate travel revenue increased by 21%, 16%, 25%, 32% separately in Q1 2019.
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.
3 payment-related trends to watch out from China
06/03/2019
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5:55:08 PM
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Technologies unlocking more sales channels, AI and simpler authentication are expected to drive interesting initiatives in this arena.
Succeeding in the arena of destination marketing - How LA Tourism excels?
05/16/2019
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7:57:07 AM
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Los Angeles attracted 1.2 million visitors from China last year. The figure is an all-time, making Los Angeles the number one ranked U.S. city for Chinese travellers.
Cancellation rate at 40% as OTAs push free change policy
04/24/2019
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3:33:38 PM
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The average cancelation rate in 2014 was 32.9% and increased to 39.6% in 2018. It reached a high of 41.3% in 2017.
Accor Hotels holds 10.2% and Ctrip holds 7.5% equity of Huazhu
04/22/2019
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6:10:46 PM
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As of December 31, 2018, Huazhu operated 4,230 hotels in China with hotel network covered 403 cities in 32 provinces and municipalities across China.
Top five revenue management & distribution tips for 2019
03/04/2019
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5:41:33 PM
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Work with OTAs, review your cancellation policies, advertise on GHA and keep an eye on facilitated bookings.
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