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Search results for “RevPAR”
China’s hotel markets remain strong amidst US trade war
01/13/2020
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2:53:33 PM
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STR’s report forecasts key hotel markets in Mainland China will continue a 3.7% increase in RevPAR and 1.8% in ADR.
Hotel giant China Lodging Group nets $1,255 million in 2017, RevPAR up 14.4%
03/14/2018
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9:19:02 AM
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The Company provided guidance for Q1 2018 net revenues growth of 27% to 29% year over year and full year 2018 net revenues growth of 16% to 19% from 2017.
China’s star-rated hotels gross USD 7 billion income and 59.88% AOR in Q3
01/10/2020
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10:53:55 AM
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Guest room incomes totaled 23.55 billion yuan, accounting for around 48% of total revenue.
Huazhu net revenue increases by 10.4% to US$427 million in Q3
11/13/2019
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9:40:27 AM
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Hotel turnover increased by 19% to RMB10 billion. Net revenues from leased and owned hotels were RMB2.1 billion, representing a 1.8% year-over-year increase.
Trade truce with China may be coming too late for these hotels
11/11/2019
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4:04:35 PM
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This slump can be attributed to a combination of things, including a slowing economy in China, protests in Hong Kong, and the U.S.-China trade war.
GreenTree reports 20.1% rise in revenue, 1.3 percentage points drop in occupancy
11/21/2019
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4:15:30 AM
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ADR was RMB 174, an increase of 4.2% year-over-year. Occupancy rate was 85.9% in the third quarter, compared with 87.2% in the third quarter of 2018.
China’s star-rated hotels report Q1 revenue at ¥48.711 billion
08/23/2018
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8:22:33 AM
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In Q1, the average room rate (ARR) of all star-rated hotels was RMB 343.13 per room night, average occupancy rate (AOR) was 50.55% (+0.35pp), and revenue per available room (RevPAR) was RMB 173.45 (1.77%).
Accor CEO to doubters in Asia: our brand-heavy strategy is working
10/22/2019
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6:00:47 PM
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Having more brands when cheap money is chasing real estate is good for Accor, but may not be for its hotel owners.
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