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Search results for “ADR”
China’s hotel recovery evaporated in two weeks
08/16/2021
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5:41:05 PM
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Revenue per available room is now at roughly half of 2019 levels.
Beijing hotels report substantial rise in June room rates
07/13/2021
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12:17:28 PM
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Year-over-year percentage increases are substantial because of the comparison with the months most affected by the pandemic in 2020.
Q2 proves to be turbulent as well as promising for H World
08/31/2022
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5:18:06 PM
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The mixed performance came in considering that the company’s European operations recovered to attain 2019 levels, whereas H World continued to focus on maintaining a healthy cash position for its operations in China.
Wyndham drives rate, pipeline growth in Q2
07/28/2022
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4:59:02 PM
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The group is counting on rate and net-unit growth to stay competitive and afloat amid the myriad headwinds still facing the hotel industry.
Hilton forecasts full rebound in group and event bookings within a year
05/06/2022
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2:51:19 PM
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Group revenue booked in the first quarter for all future periods was down just 4% relative to 2019 levels.
Hotel giant Huazhu reports 25.4% revenue rise, $73 million net loss for 2021
03/24/2022
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3:22:41 AM
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2021 was another challenging year due to COVID-19, especially in the second half.
Corporate spend unicorn raise $140M; Ice-and-snow sector attracts $535M funding | Daily Brief
02/17/2022
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11:54:08 PM
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Hong Kong's offline and virtual events platform EventX secures $18M; China hotel rates higher than 2019 level during Lunar New Year.
STR: How will U.S. hotel industry be like in the new year?
01/04/2021
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5:19:23 PM
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STR projects ADR growth of just over 5% in 2021 and likely the same or a more subdued pace going forward.
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