Search results for “RevPAR”
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.
Accor Q3 revenue back to 60% of pre-pandemic level, ‘moving two steps forward and one step back’
10/28/2021|2:17:17 PM|
RevPAR improved by 20 percentage points versus Q2 2021.
China’s hotel industry sees 4 major new trends in H2
10/29/2020|6:19:51 PM|
The impact of the pandemic lingers, and Chinese consumers’ minds and behaviors have already radically changed.
China reports a total number of 9,923 star-rated hotels in Q2
10/29/2020|5:28:43 PM|
Occupancy rates and RevPAR fell year-on-year in all the top 10 destinations, but nine out of the top 10 posted rises in ADR.
Huazhu Group reports a 82.3% occupancy rate in Q2
08/24/2021|10:35:00 PM|
The ADR was RMB255 in the second quarter of 2021, compared with RMB185 in the second quarter of 2020.
IHG's first-quarter RevPAR drops 65.3% in China
05/07/2020|10:57:40 PM|
Recent weeks have continued to see a moderate improvement in occupancy levels which are running in the mid-20% range, up from a trough of ~5% in mid-February.
Huazhu president: new signings hit a record high in H1
09/08/2021|11:46:40 AM|
This is despite the fact travel restrictions in the latter part of Q2 had negatively impacted new signings and construction progress.
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