Search results for “RevPAR”
Wyndham’s China coronavirus woes: 70% of hotels closed
02/14/2020|3:05:25 PM|
The company is expecting a 200 to 400 basis point decline in this year’s RevPAR.
GDS hotel bookings and ADR growth drive strong RevPAR performance
03/07/2019|3:58:11 PM|
Rooms sold through both GDS and Brand.com channels were up 6.4 percent and 2.0 percent respectively in the fourth quarter of 2018,
Forrest Zhang joins Hotelbeds as Managing Director for China
09/06/2019|1:51:01 PM|
The recruitment of Forrest will allow Hotelbeds to further strengthen its position as the world’s leading bedbank.
Executives optimistic despite pressures in China
08/21/2019|6:14:20 PM|
Most major hotel companies reported softer revenue-per-available-room growth in China during the second quarter because of the ongoing U.S.-China trade war as well as protests in Hong Kong.
GreenTree revenues climbed 21.6% in Q1, occupancy dropped by 1.5 percentage points
08/16/2019|5:53:42 PM|
Total revenues grew 21.6% thanks to addition of 134 hotels, improved RevPAR, membership growth, and the consolidation of the Argyle's results of operation.
Huazhu net revenue increases by 13.4% to US$417 million in Q2
08/22/2019|9:09:12 AM|
Hotel turnover increased by 18% to RMB8.8 billion. Net revenues from manachised and franchised hotels were RMB803 million (US$117 million), representing a 30.4% year-over-year increase.
How outsized supply growth is affecting Chinese hotels
08/13/2019|6:05:36 PM|
For the first time since 2016, STR data shows mainland China supply growth outpacing demand growth, leading to occupancy declines.
U.S.-China trade war hurts Accor but it won’t deter Asia expansion
08/01/2019|5:26:32 PM|
RevPAR in China fell 1.3 percent, and RevPAR for Asia-Pacific declined 0.2 percent.
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