Search results for “European network”
Chinese hotel giant Huazhu reaps 15% of annual revenue from overseas unit
04/25/2021|5:55:27 PM|
As of last year, Huazhu still held USD 897 million worth of investments in companies including Accor (USD 593 million) and OYO (USD 10 million).
Huazhu reports $471 million net income in Q4, expecting net revenue growth to top 50% in 2021
03/24/2021|10:15:50 PM|
Hotel turnover increased 17.5% year-over-year to RMB 11 billion for the fourth quarter, and decreased 5.6% to RMB 33 billion for the full year of 2020.
Fliggy partners with Amadeus; OYO reshapes international teams | Weekly Review
02/06/2021|11:03:18 PM|
Family-activity space provider Mini Mars secures Series A round funding; Universal Beijing Resort plans to bring in Tencent Games roles.
OTA giant names new chief; Travel group expands destinations | Weekly Review
12/27/2020|5:35:14 PM|
CTS Group buys 34% stake in "micro vacation" resort brand for $23 million; Hotel digital solution provider Lumous closes Series B round.
Upscale hotel chain, travel group make investments; OTA works on live-stream | Daily Brief
12/24/2020|12:03:59 AM|
Club Med of Fosun Tourism speeds up recovery in Asia Pacific; ForwardKeys predicts China outbound travel to rise over 80% in 2022.
China remains top travel source; HK-Singapore bubble postponed | Weekly Review
11/22/2020|2:31:05 PM|
Xbed hotel brand raises more than $15 million; Tour operator group Caissa has 180 days to pay and acquire OTA Tuniu's shares.
Louvre Hotels Group expands in Europe after acquiring ten "7 days premium" hotels
10/21/2020|6:14:11 PM|
The ten "7 Days Premium" hotels that Louvre Hotels Group acquired were in two- and three-star segments.
Alibaba-invested repricing startup Hotelmize eyes expansion in China and Asia
04/29/2020|9:56:10 AM|
While saving costs for travel companies means cutting hotels’ profits, Hotelmize said hotels will need to improve pricing methods.
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