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Search results for “ADR”
China’s hotel markets remain strong amidst US trade war
01/13/2020
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2:53:33 PM
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STR’s report forecasts key hotel markets in Mainland China will continue a 3.7% increase in RevPAR and 1.8% in ADR.
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.
GreenTree reports 20.1% rise in revenue, 1.3 percentage points drop in occupancy
11/21/2019
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4:15:30 AM
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ADR was RMB 174, an increase of 4.2% year-over-year. Occupancy rate was 85.9% in the third quarter, compared with 87.2% in the third quarter of 2018.
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.
Revenue management to revenue strategy: the changing role of RM in hotels
09/27/2019
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6:06:28 PM
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The right combination of big data and smart technology with a role transition from revenue management to revenue strategist will lead to a successful hotel RM approach.
Huazhu net revenue increases by 13.4% to US$417 million in Q2
08/22/2019
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9:09:12 AM
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Hotel turnover increased by 18% to RMB8.8 billion. Net revenues from manachised and franchised hotels were RMB803 million (US$117 million), representing a 30.4% year-over-year increase.
GreenTree revenues climbed 21.6% in Q1, occupancy dropped by 1.5 percentage points
08/16/2019
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5:53:42 PM
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Total revenues grew 21.6% thanks to addition of 134 hotels, improved RevPAR, membership growth, and the consolidation of the Argyle's results of operation.
How outsized supply growth is affecting Chinese hotels
08/13/2019
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6:05:36 PM
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For the first time since 2016, STR data shows mainland China supply growth outpacing demand growth, leading to occupancy declines.
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