Search results for “Huazhu”
Chinese hotel mogul thinks now is the time to head abroad for deals
06/13/2019|5:38:06 PM|
Ji Qi says in each of the market Huazhu lands on, it aims to become a top five player eventually.
Huazhu Group closes 60 hotels in Q1
05/28/2019|9:22:59 AM|
Huazhu CEO Jenny Zhang said it had developed slightly different distribution approaches and fee structure to be more flexible in accommodating needs of independent hotels.
Huazhu net revenue rises 14.2% to $356 million in Q1
05/23/2019|7:31:53 AM|
Hotel turnover increased 17% to RMB7.2 billion. Net revenues from manachised and franchised hotel were RMB1.7 billion (US$257 million), representing a 15.2% year-over-year increase.
Huazhu launches shared booking platform Yisu for independent hotels
04/23/2019|4:59:28 PM|
In the first year of its operation in 2019, Yisu will provide direct sales channels to soft brand stores and it will charge no commissions as its goal is not to make a short-term profit.
Accor Hotels holds 10.2% and Ctrip holds 7.5% equity of Huazhu
04/22/2019|6:10:46 PM|
As of December 31, 2018, Huazhu operated 4,230 hotels in China with hotel network covered 403 cities in 32 provinces and municipalities across China.
China's hotel group Huazhu CEO teases launch of new brand
03/20/2019|9:49:21 AM|
Huazhu Group’s CEO discussed a new hotel turnover metric as well as plans to launch a new brand in the next few weeks.
Chinese hotel giant Huazhu Group reports 22.3% growth in 2018 revenue
03/15/2019|9:04:59 AM|
For the full year of 2018, net revenues from leased and owned hotels were $1,087 million, representing a 17.9% year-over-year increase; net revenues from manachised and franchised hotels were $367.5 million, a 36.6% year-over-year increase.
Australian luxury hotels up their game for Chinese tourists
01/21/2019|5:09:34 PM|
At 50 hotels in Australia and New Zealand, AccorHotels has embedded Chinese Optimum Services Standards to cater for the growing inbound market from China.
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