Search results for “2019”
Upscale hotel group New Century reports 17% revenue decrease in 2020
03/15/2021|9:45:34 PM|
The RevPAR of mid-scale full service hotels was RMB181.5 in the second half of 2020, representing an increase of 88.5% from RMB96.3 of the first half of 2020.
Huazhu Group aims to be bigger, gears up for a brighter future
03/30/2021|10:44:56 AM|
The Chinese hotel company has carved out its strategic focus for 2021, built on property expansion, strengthening bonds with existing and new customers, both backed up astute data strategy and digitization project.
Major Chinese OTA Tongcheng-Elong sees "continuing robust recovery trend" in Q4
03/23/2021|5:55:54 PM|
The company's average monthly paying users increased by 5.9% year-to-year to 28.7 million in Q4 2020, but average monthly active users decreased by 4.8% to 196.0 million.
Alibaba, Hilton integrate membership; Chinese OTA buys corporate travel firm | Daily Brief
03/29/2021|9:24:46 PM|
Hong Kong to ease social-distancing, push for travel bubbles to speed up mass vaccination; U.S. lawmakers ask Biden to make travel easier from Taiwan.
China climbs in travel freedom rankings; Corporate travel startup Z-Trip raises $14M | Daily Brief
04/16/2021|11:23:08 PM|
Upscale hotel group New Century starts procedures of delisting; SIA, Scoot to stop carrying transit passengers to Hong Kong when flight suspensions lift.
9 megatrends of Chinese tourism post-pandemic
03/18/2021|3:45:06 PM|
For companies seeking megatrends of the global travel recovery, the China market may provide some food for thought.
Leisure-focused OTA Tuniu expects to narrow revenue drop next quarter
03/16/2021|6:40:44 PM|
The company further strengthened cost-control measures and continued to optimize internal management system.
Radisson split loyalty program; Deutsche Hospitality debuts new luxury brand | Daily Brief
04/13/2021|9:40:02 PM|
OTA data shows boom in Chinese demand for travel to Macao in upcoming May holiday; Air France to boost China Eastern venture after share issue.
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