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Search results for “ADR”
China Lodging Group grows robustly in mid- and up-scale RevPAR
08/16/2016
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9:22:10 PM
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Occupancy rate was 85.2% in Q2 2016, compared with 85.8% in Q2 2015. The slight decrease was due to lower occupancy in lower-tier cities.
China Lodging keen on sustaining growth, plus better margin
08/19/2016
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5:33:26 PM
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China Lodging Group is optimistic that the key performance metrics would continue to show upward movement buoyed by quality of the product and a diverse brand mix.
Expedia posts 20% growth in hotel room nights
07/28/2016
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6:05:42 AM
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Expedia‘s gross bookings increased 25% YoY to over $18.8 billion in the second quarter of 2016. Revenue increased 32% YoY to over $2.1 billion.
Occupancy rate of China Lodging Group reaches 80.4% in Q1 2016
05/12/2016
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10:31:31 AM
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In the first quarter of 2016, the company's ADR was RMB172 and RevPAR was RMB139. The occupancy rate for all hotels in operation (excluding certain franchised Starway hotels) was 80.4%.
Huazhu plans to open 750-800 new hotels in 2016
03/11/2016
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10:17:03 PM
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Chinese multi-brand hotel group Huazhu plans to open 750-800 new hotels in 2016, with 80% for economy hotels and 20% for midscale and upscale ones, and manachised and franchised hotels continue to be the vast majority in the run.
Measuring Airbnb’s Real Threat to U.S. Hotels Using Industry Metrics
02/04/2016
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12:57:27 AM
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According to a report released by CBRE, Airbnb grows faster in American smaller and emerging markets while it exerts greater influence in large American markets.
Expedia reports Q4 and FY2015 results
02/11/2016
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5:57:39 PM
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On February 10 Expedia announced financial results for the fourth quarter and full year 2015 with its gross bookings increased 40% and revenue increased 29% year-over-year in the fourth quarter of 2015.
Looking back and ahead – online travel agency power
12/29/2015
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10:55:07 PM
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As we reach 2016, Tnooz is unveiling its customary series of reflections on the year behind us and what the travel, tourism, and hospitality industry might expect looking ahead.
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