Search results for “RevPAR”
Huazhu announces preliminary results for hotel operations in Q4 and full year 2021
01/21/2022|11:00:45 AM|
The occupancy rate in Q4 was 68.2%, down 12.4 percentage points year on year.
China’s alternative accommodation industry in 2021: ADR falls below $48
01/28/2022|5:53:53 PM|
Over 75% of short-term rental properties saw revenue below RMB 1 million.
Huazhu projects Q4 revenues to surpass previous guidance
01/25/2021|3:16:28 PM|
RevPAR of the Legacy-Huazhu hotels (excluding Deutsche Hospitality) for the fourth quarter was RMB 186, down by 2.4% year-over-year, but up from RMB 179 in the previous quarter.
China hotel trends report: Hoteliers express stronger confidence for Q1
02/03/2021|2:42:45 PM|
12% of respondents expected hotel average occupancy rate to surpass 2019 level.
IHG's Greater China RevPAR drops 62% in half year
08/12/2020|5:15:34 PM|
The Greater China area generated USD 18 million in half-year revenue for IHG, and that's only 1.4% of the UK-based hotel chain's global income in the period.
Huazhu Group net loss narrows for the third quarter of 2021
11/25/2021|2:51:50 PM|
The occupancy rate for all Legacy-Huazhu hotels in operation was 71.9% in the third quarter of 2021, a decrease of 10 percentage points from the same period of 2020.
Huazhu’s CEO extends support to franchisees
11/27/2021|11:00:55 AM|
The Chinese hotel company acknowledges that the going hasn’t been easy for its franchisees in certain areas and Huazhu has decided to revitalize the “weakened confidence” via certain financial relief.
Airlines eye resumption of regular Sino-US travel; OTAs raising capital through loan | Daily Brief
10/28/2021|10:26:21 PM|
China could let citizens visit Thailand by late 2022; Huazhu partnership allows Accor to expand faster in China.
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