Search results for “Business hotel”
Ctrip Corporate Travel’s white paper sheds light on latest market trends
04/28/2020|10:14:49 AM|
China’s business travel market posted a growth rate of 5.9% last year, while the average annual growth rate in 2013-2018 was 11%.
IHG's China business improves steadily while global occupancy stays in 20%-26%
04/27/2020|5:09:45 PM|
IHG expects Q1 Global RevPAR to decrease 25%, including a 55% decline in March.
Booking loses $130M in selling Trip.com stake; Hyatt occupancy rises in China | Daily Brief
05/09/2020|12:19:14 AM|
45% of Chinese travelers plan to visit Vietnam this year; Hyatt Hotels' occupancy in Greater China have gradually improved.
Airbnb's China bookings rise 200%; Skyscanner sees optimism | Daily Brief
04/27/2020|11:49:05 PM|
Over 80 million Chinese are expected to enjoy their first vacation since coronavirus lockdown; Virus outbreak severely impacted China's image as a travel destination.
China clears way to restart MICE events; Livestreams to boost tourism | Daily Brief
05/12/2020|1:24:14 AM|
Shanghai Disneyland sold out of tickets for its May 11 reopening within minutes; Travel short video service provider raises millions of yuan.
Hotel bookings through global distributors and suppliers down 80% in early April
04/23/2020|11:27:14 AM|
STR projects that China hotels will recover to only 90% of 2019’s level of occupancy, ADR and RevPAR by 2021.
Wyndham Hotel merges its China unit into Asia Pacific to cut expenses
05/07/2020|4:06:20 PM|
As of the end of 2019, the company had 154,600 hotel rooms in the Greater China region, but that only contributed 3% of Wyndham's royalties in the year.
Accor RevPAR falls 67.7% in China; Flights show recovery signs since March | Daily Brief
04/24/2020|12:43:36 AM|
Some 3,770 tourist attractions in China have resumed operation and launched online booking access.
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