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Search results for “ADR”
China's star-rated hotels post 54.4 billion yuan revenue in Q4 2016
04/20/2017
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1:48:11 PM
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Star-rated hotels in China registered an aggregate of RMB 54.43 billion operating revenues in the fourth quarter of 2016. Guestroom revenue was RMB 24.49 billion and average occupancy was 56.6% in the quarter.
China Lodging Group's net revenues rise 13.2% in 2016
03/15/2017
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6:18:37 PM
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China Lodging Group (Huazhu Hotels) reported net revenues of RMB 6,538.6 million (USD 941.8 million) in 2016, up by 13.2% YoY, in line with the guidance previously announced.
Data on its own isn’t enough, make it part of an organization’s culture
02/09/2017
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3:29:24 PM
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Data alone cannot provoke change - rather accessibility, acting on it, customer support, training, incentivizing employees and ending up with the development of a customer-centric culture is key, says RJ Friedlander, CEO of ReviewPro.
It’s not just about big data, leverage small data, too
01/05/2017
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9:17:34 AM
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Small data results from internal resources like PMS, channel manager, website etc. Hotels need to consider the quality and utility of small data, before looking deep into big data, intelligence and analytics.
Chinese hotel rates drop despite rising demand
12/23/2016
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3:02:32 PM
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Latest data from STR shown that nationwide occupancy increased 5.1% last month. This followed an 8.6% jump in demand for rooms, which significantly outpaced a 3.3% expansion of supply.
European hoteliers report strong Q3 performance
11/07/2016
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6:19:16 PM
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Europe’s results were positive when compared with September 2015. The region reported a 0.8% increase in occupancy to 81.0%, a 2.6% rise in ADR to EUR123.23 and 3.4% lift in RevPAR to EUR99.77.
China Lodging Group net income jumps 31.4% in Q3 2016
11/15/2016
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12:46:27 PM
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China Lodging Group (Huazhu Hotels Group) reported net income growth of 31.4% to RMB 293.9 million (USD 44.1 million) in Q3 2016.
China accounts for 25% of global corporate travel spend
11/01/2016
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3:00:26 PM
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China accounts for nearly 25% of global business travel spending, up dramatically from a 5% share in 2000.
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