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Search results for “ADR”
Huazhu net revenue rises 14.2% to $356 million in Q1
05/23/2019
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7:31:53 AM
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Hotel turnover increased 17% to RMB7.2 billion. Net revenues from manachised and franchised hotel were RMB1.7 billion (US$257 million), representing a 15.2% year-over-year increase.
China hotel market & forecast to 2023 by hotel type
07/01/2019
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1:39:53 PM
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The China hotel market is expected to be USD 136 billion (yuan 938 billion) by the end of the year 2023.
Sharp demand growth drives record-high occupancy for U.S. airport hotels
04/11/2019
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4:55:00 PM
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The ADR of U.S airport hotel may be affected by “contract” business and the lack of pricing power during weekends and thus grows below the overall market average.
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.
Chinese hotel giant Huazhu Group reports 22.3% growth in 2018 revenue
03/15/2019
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9:04:59 AM
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For the full year of 2018, net revenues from leased and owned hotels were $1,087 million, representing a 17.9% year-over-year increase; net revenues from manachised and franchised hotels were $367.5 million, a 36.6% year-over-year increase.
GreenTree total revenues grow 21.4% to $137.4 million in 2018
03/14/2019
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7:56:10 PM
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In 2018, ADR was RMB164, an increase of 4.5% year-over-year; occupancy rate was 82.1%, a decrease of 0.5% year-over-year; RevPAR was RMB135, representing a 3.8% year-over-year increase.
Hotel revenue management: solutions, best practices, revenue manager’s role
01/06/2019
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11:20:51 AM
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While revenue management is focused on the whole revenue of a business, including ancillary revenue and spending, yield management focuses on the price and the volume of sales.
GreenTree total revenues grow 21.6% to $37.4 million in Q3
11/19/2018
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8:26:24 PM
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In Q3, ADR was RMB167, an increase of 4.4% year-over-year; occupancy rate was 87.2%, a decrease of 0.2% year-over-year; RevPAR was RMB146, representing a 4.3% year-over-year increase.
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