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Search results for “China Lodging”
Marriott, Hilton shares fall on fears of weaker demand in China
01/04/2019
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9:15:12 AM
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Marriott fell as much as 5.1%, and Hilton slipped as much as 5.2%.
Expedia closing in on $100 billion as it aims to be world’s largest travel platform
12/10/2018
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8:39:00 AM
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Okerstrom called on hotel owners and operators to “learn from what’s happening in the alternative accommodation” space.
A profit-boosting consolidation wave could be headed for China
09/30/2017
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3:39:30 PM
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Consolidation is underway in almost half of China’s economy and is accelerating, helping companies boost earnings, regain pricing power, and ease debt-servicing burdens, according to CCB.
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.
Outbound travel boom in China fuels surge in global firm deals
11/15/2018
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3:46:31 PM
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Online booking platforms for shared accommodation have ramped up efforts to cooperate with global partners and expand their presences in overseas markets to cash in on the growing number of outbound travelers.
Economy hotels form 87.3% of China’s accommodation supply in 2017
08/16/2018
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8:33:13 AM
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By the end of 2017, China registered 457,834 accommodation facilities and 16,770,394 guest rooms. About 69% of them were hotels and 31% were alternative accommodations.
Ctrip ventures into hotel management by launching Rezen Hotels Group
10/10/2018
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8:42:03 AM
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The launch of Rezen Hotels, Ctrip’s first high-end hotel brand, marks the group’s strategy to branch out to the high star-rating hotel sector.
OYO launches in the UK, eyes “multi-billion-dollar” opportunity
09/20/2018
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2:23:37 PM
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OYO has earmarked an initial £40 million to build its UK operations and wants to be present in 10 cities and have more than 5000 rooms across the UK by 2020.
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