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Search results for “ADR”
Shanghai shuts schools due to fresh outbreak; Didi to halt Hong Kong listing plans | Daily Brief
03/11/2022
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10:34:39 PM
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Hong Kong shares of dual-listed Chinese companies plunge as US-delisting fears resurface; Hong Kong exodus pushes Singapore’s monthly foreign visitor arrivals from city to 2-year high.
Hilton results top estimates as holiday travel boosts hotel occupancy
02/17/2022
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3:59:42 PM
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Systemwide ADR in the fourth quarter of 2021 was down 2.6% from 2019 level.
Airbnb occupancy rates not expected to recover until September 2021
01/07/2021
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12:22:01 PM
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By September 2021, the average forecasted occupancy rate is expected to equal that of 2020 at 61.1%.
A class tale: Luxury hotels around the world
12/16/2021
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10:15:30 AM
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China shows 42,055 luxury chain rooms under development, a number that would produce a 35% supply increase in the market if all those rooms are completed.
GreenTree Hospitality reports over 13% increase in gross profit for Q3 2021
01/13/2022
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4:50:30 PM
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The average daily room rate for all hotels in operation was RMB 163, an increase of 7.7% from RMB151 in the third quarter of 2020.
China reports a total number of 9,923 star-rated hotels in Q2
10/29/2020
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5:28:43 PM
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Occupancy rates and RevPAR fell year-on-year in all the top 10 destinations, but nine out of the top 10 posted rises in ADR.
Huazhu Group net loss narrows for the third quarter of 2021
11/25/2021
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2:51:50 PM
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The occupancy rate for all Legacy-Huazhu hotels in operation was 71.9% in the third quarter of 2021, a decrease of 10 percentage points from the same period of 2020.
Shifts in marketing department expenditures reveals changes in tactics during recession
11/17/2021
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3:47:15 PM
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Despite rising levels of revenue, sales and marketing department expenditures are still on the decline for most of the property types.
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