Search results for “RevPAR”
Marriot's RevPAR in Greater China drops 90% in February
02/28/2020|8:49:40 PM|
Marriott estimates to earn $25 million less in monthly fee revenue, compared to its 2020 base-case outlook.
Huazhu's net revenue rises 8.5%, same-hotel RevPAR down by 5.4%
03/27/2020|8:19:48 AM|
Huazhu is expected to close 350-450 hotels, including planned closure of 300-350 hotels and special closure of 50-100 hotels impacted by COVID-19.
How Marriott plans to manage a 45% drop in hotel occupancy rates
03/26/2020|7:01:39 PM|
The chain is seeing occupancy rates in North America at under 25%, down from about 70% last year
Hyatt’s China business is down 90% in February from coronavirus fallout
02/22/2020|1:37:20 PM|
Hyatt is estimating that every 1 percent decline in greater China RevPAR equals $1 million to $2 million hits to EBITDA.
Hilton analysts undaunted as virus fear shuts rooms in China
02/13/2020|7:20:21 PM|
Bloomberg analyst said Hilton’s profit exposure to the coronavirus outbreak may be more moderate than that of cruise lines and Macau casinos.
RevPAG – The new indicator of hotel revenue performance
09/24/2019|11:03:11 AM|
RevPAG is a more advanced metric for hotels to measure their revenue performance focusing on guest spending during stay.
Equity investments play a big part in hotel giant Huazhu's annual profit
03/27/2020|9:43:18 PM|
Same-hotel RevPAR growth has been going down for the past three years.
State-owned bank bails out OTA; airlines to see first traffic drop in a decade | Daily Brief
02/21/2020|11:21:10 PM|
The Industrial and Commercial Bank of China will provide a USD 86.7 million loan to online travel giant Trip.com Group; RevPAR of Hyatt hotels declined 90% last month in China.
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