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Search results for “RevPAR”
Huazhu reports $471 million net income in Q4, expecting net revenue growth to top 50% in 2021
03/24/2021
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10:15:50 PM
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Hotel turnover increased 17.5% year-over-year to RMB 11 billion for the fourth quarter, and decreased 5.6% to RMB 33 billion for the full year of 2020.
Elong Hotel debuts in Shanghai, forming a new OTA-hotel relationship
04/26/2021
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11:34:59 AM
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Elong Hotel has signed up 62 properties for its four brands, most of them are franchised hotels in lower-tier cities in eastern, southern and central China.
Wyndham plans expansion in Asia Pacific; Meliá grows in China | Daily Brief
04/15/2021
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10:33:01 PM
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Macau seeks mutual vaccine recognition with Guangdong; Trip.com partners with CommonPass.
Hyatt’s China business is down 90% in February from coronavirus fallout
02/22/2020
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1:37:20 PM
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Hyatt is estimating that every 1 percent decline in greater China RevPAR equals $1 million to $2 million hits to EBITDA.
Global theme park brands accelerate expansion; China plans "1-2-3 Travel Circle" | Daily Brief
03/15/2021
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11:28:56 PM
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TravelSky projects annual net profit of more than $60 million; China to ease domestic travel restrictions, allowing train travel without COVID-19 test report.
How can your property emerge as a winner in 2021?
04/02/2021
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5:37:18 PM
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Many hoteliers are continuing with shortsighted budgeting decisions in 2021, without considering the long-term implications.
Hilton analysts undaunted as virus fear shuts rooms in China
02/13/2020
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7:20:21 PM
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Bloomberg analyst said Hilton’s profit exposure to the coronavirus outbreak may be more moderate than that of cruise lines and Macau casinos.
Marriott sees Greater China as best-performing market in Q3
11/07/2020
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12:02:08 PM
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Occupancy rates jumped to 61.4% from 35.5% in the second quarter.
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