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Search results for “Franchise Hotel”
Club Med parent plans multi-brand offline expansion post-pandemic
03/24/2021
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8:42:27 PM
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By 2023, Fosun Tourism plans to open 16 new Club Med resorts, half of which will be located in China.
China adds 3,375 projects, 639,811 rooms in 2020: Lodging Econometrics
03/02/2021
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12:52:15 PM
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China currently has 2,293 projects/413,874 rooms under construction, an increase of 3% by projects and 2% by rooms over last quarter’s totals.
GreenTree Hospitality Group: A potentially strong play on a China recovery
01/28/2021
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12:14:54 PM
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GreenTree did not suffer as much of a loss in returns in March compared to its peers, and on the whole is actually up by 14% from this time last year.
Accor further offloads 1.5% stake in Huazhu Group
02/20/2021
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11:40:07 AM
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After this transaction, Accor still owns a 3.3% stake in Huazhu and continues to be represented at the Group’s Board of Directors.
Wyndham reports a 40% revenue decline, but Greater China RevPAR performs far better than other regions
02/12/2021
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11:56:55 PM
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System-wide rooms declined 4% year-over-year.
China sees plunge in travel rush; Cathay raises $870 million | Daily Brief
01/28/2021
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10:44:13 PM
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Beijing raises Covid requirements on travelers from low-risk area; China urges less travel during upcoming holiday.
Wyndham's Greater China RevPAR down by 29% in Q3
10/29/2020
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6:40:17 PM
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Global comparable RevPAR declined 35% year-on-year while system-wide rooms declined 2%.
Hilton reports a 61% YoY decrease in Q3 revenue, but beats estimate
11/04/2020
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11:46:30 PM
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Comparable hotel occupancy in Asia Pacific levels up approximately 32 percentage points from April to September.
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