Search results for “China's hotel market”
Wyndham reports a 40% revenue decline, but Greater China RevPAR performs far better than other regions
02/12/2021|11:56:55 PM|
System-wide rooms declined 4% year-over-year.
China hotels show slight lift during Lunar New Year holiday
03/02/2021|3:40:53 PM|
Daily occupancy in the market sat in the 30% range for most of the festival period Feb 11-17 then rose to as high as 37.6% on Feb 20.
Amadeus Hospitality data shows recovery signs for China's domestic travel
02/04/2021|11:40:16 AM|
Both corporate and leisure travel are getting back on track in the world's second-largest economy.
Airline rolls out NDC on e-commerce site; 407m rail trips expected in travel rush | Daily Brief
12/31/2020|7:04:39 AM|
EHang launches aerial tourism services with strategic partner Greenland; Chinese airline's Australian pilot college in liquidation as 62 local staff sacked.
OYO picks its China executives to lead International, European units
02/01/2021|4:26:49 PM|
OYO founder Ritesh Agarwal said the company's China RevPar is back to 74% of pre-COVID level, OYO now has 2000+ hotels in the country and consistently is "adding thousands of rooms per month".
Klook secures $200 million funding; Cathay Pacific warns of higher cash burn | Daily Brief
01/26/2021|10:16:46 PM|
China offers flight refunds to curb travel; Homestay industry on track to recovery.
Radisson Collection launches in China
02/04/2021|6:30:23 PM|
Backed by parent Jin Jiang, Europe-based Radisson has an ambitious five-year strategy to triple its portfolio in the Asia Pacific.
Upscale hospitality group New Century projects 80%-90% less profit
02/03/2021|6:03:23 AM|
In the second half of 2020, the hotel chain's occupancy rate and RevPAR were significantly improved.
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