Search results for “Huazhu Group”
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.
Chinese budget hotel brands change tack to meet rising demand
09/06/2018|9:59:04 AM|
In H1, BTG Homeinns' hotel business netted revenue went up 36.1%; Huazhu Group saw mid/high-end hotels make up for 65% of its newly opened hotels nationwide; Jin Jiang revenue increased by10.34%.
Data of 130 million Chinese hotel chain guests sold online
08/30/2018|11:10:50 AM|
The stolen data is 141.5GB in size, contains 240 million records, with information on roughly 130 million hotel guests that stayed at one of Huazhu hotel brands.
Huazhu net revenue up 25% to $381 million, occupancy rate at 89.6% in Q2
08/23/2018|10:03:56 AM|
As of June 30, 2018, the number of hotel rooms in operation totaled 393,417, an increase of 9.4% from a year ago. Income from operations increased 53.2% year-over-year to $101.4 million for Q2.
Huazhu Group acquires 71.2% stake in boutique hotel brand Blossom Hill
08/15/2018|4:14:59 PM|
Upon completion of the Acquisition, Huazhu will own an aggregate of 82.5% of the shares of Blossom Hill, and Blossom Hill Hotels & Resorts will become part of Huazhu's hotel network.
Redefining space with full-stack hospitality tech - how is OYO doing it?
07/02/2018|9:51:32 AM|
The blend of technology, leveraging virtually every living space available in a destination, space design etc. is shaping up new ways of how and where one stays while travelling.
Huazhu Group ranked as world’s 4th highest value hotel group
06/28/2018|10:02:03 AM|
The Chinese hotel group had a market capitalization of around USD 12.8 billion as of June 26, trailing just behind Marriott, Hilton and Accor.
Lending a distinctive touch to each and every hotel brand - how to attain success?
06/28/2018|9:48:35 AM|
Companies like Huazhu Group and Wyndham aren't averse to experimenting. Importantly, standardization of a hotel category doesn't mean being "fixed" for these companies.
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