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Search results for “mid-range hotels”
Discount pricing + digital tools drive domestic travel transactions in China
07/23/2020
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6:04:56 PM
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Chinese online platforms are focusing on digital tools, especially live-streaming, to revive spending. The plan is to drive domestic travel sales volume through discounts, a tactic being described as a short-term phenomenon.
Booking Holdings takes solitary path without offering financial relief to partners
06/10/2020
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5:40:05 PM
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These weren’t recovery programs, per se, but were part of cancellation refunds paid to consumers or property owners.
Deutsche Hospitality accounts for 25% of Huazhu's total revenues in 2019
05/05/2020
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4:38:46 PM
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Huazhu Group scheduled to issue a shareholder loan of EUR 20 million to Deutsche Hospitality with a term of 12 months.
IHG's first-quarter RevPAR drops 65.3% in China
05/07/2020
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10:57:40 PM
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Recent weeks have continued to see a moderate improvement in occupancy levels which are running in the mid-20% range, up from a trough of ~5% in mid-February.
E-commerce giant buys into tour operator; TUI China kicks off holidays | Weekly Review
05/03/2020
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12:22:17 PM
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TUI China focuses on short-haul outdoor trips; Around 74.29% of the Chinese hotels and inns have ceased operation during COVID-19.
IHG's China business improves steadily while global occupancy stays in 20%-26%
04/27/2020
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5:09:45 PM
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IHG expects Q1 Global RevPAR to decrease 25%, including a 55% decline in March.
Airbnb's China bookings rise 200%; Skyscanner sees optimism | Daily Brief
04/27/2020
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11:49:05 PM
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Over 80 million Chinese are expected to enjoy their first vacation since coronavirus lockdown; Virus outbreak severely impacted China's image as a travel destination.
Despite having big-name backers, these Chinese firms didn’t survive COVID-19
04/22/2020
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3:56:12 PM
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Wujiang Hotels backed by Trip.com Group and Alibaba-invested outbound travel agency Baicheng collapse during the epidemic.
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