Search results for “Holiday Inn”
IHG posts Q3 results, group RevPAR down 21% vs 2019
10/25/2021|6:30:55 PM|
Increases in Covid-19 cases and the reintroduction of temporary restrictions resulted in RevPAR weakening to a 55% decline in August in Greater China.
China fines Meituan for anti-monopoly; Bain might sell Japanese resort operator | Daily Brief
10/09/2021|12:22:09 AM|
Hong Kong's new rail link to Shenzhen proposed; Trip.com accused of creating monopoly in online bookings.
Hilton, Marriott, and IHG are making affordable brands development priorities
08/28/2021|11:30:24 PM|
Just three brands — Home2 Suites, IHG’s Holiday Inn Express, and Marriott’s Fairfield Inn — comprise 20 percent of the total hotel construction pipeline in the U.S.
Palminvest buys Portuguese hotel chain for $335 million
06/04/2020|5:35:35 PM|
The acquisition is a risk worth taking although it could take up to five years to restore its profits to where they were before the outbreak.
IHG reports only 0.1% net system size growth but focuses on brand development
08/10/2021|9:54:07 PM|
Total revenue in the first half of this year was only 1.18 billion, down by 6% YOY.
Wyndham eyes exceptional conditions for growth in China
06/22/2021|3:07:08 PM|
After Wyndham's decision to restructure its team in the APAC region last year, the group is building on its direct franchising in China and also plans to target consumers from lower-tier cities.
IHG reports occupancy growth in Greater China and CEO is confident about sustained growth
05/07/2021|8:13:07 PM|
RevPAR in Greater China was down 37.7% vs 2019, and up 78.2% vs 2020.
Demand may exceed supply as CEO of one of the world’s biggest hotel groups sees ‘surge’ in bookings
04/25/2021|6:16:32 PM|
Travel and tourism will begin to bounce back by second half of 2021, and one of the world’s largest hotel groups warns about capacity constraints across the industry.
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