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Search results for “RevPAR”
Hilton being held back by China trade tussle
07/25/2019
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11:35:53 AM
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RevPar increased a modest 1.4 percent compared to the year before, as U.S. trade tensions with China dampened both corporate bookings in the U.S. and leisure travel in Asia Pacific.
Unlocking the potential of single-night stays
08/18/2019
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3:48:28 PM
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Many accommodation providers are seeing a rise in the demand, driven by an increase in ‘bleisure’, last-minute and one-night weekender travel.
Franchise Hotel Qingzhu secures three financing rounds in H1 2019
07/30/2019
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3:04:23 PM
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Qingzhu has signed a total of 2,000 hotels and aims to have 4,000 by the end of this year.
Accor’s renewed focus – aspirational and experiential aspects of a guest
06/11/2019
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4:16:13 PM
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The driver for Accor going forward is the renewed focus on live + work + play aspects of a guest and owning the relationship, drifting away from being just owner of properties.
Huazhu net revenue rises 14.2% to $356 million in Q1
05/23/2019
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7:31:53 AM
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Hotel turnover increased 17% to RMB7.2 billion. Net revenues from manachised and franchised hotel were RMB1.7 billion (US$257 million), representing a 15.2% year-over-year increase.
China hotel market & forecast to 2023 by hotel type
07/01/2019
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1:39:53 PM
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The China hotel market is expected to be USD 136 billion (yuan 938 billion) by the end of the year 2023.
GreenTree's revenues grow 20.1% to $35.1 million in Q1 2019
05/24/2019
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6:51:08 PM
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Occupancy rate was 78.1%, a decrease of 1.1% year-over-year. And RevPAR increased 2.5% to RMB127 in the first quarter of 2019.
IHG is the second-largest globally branded hotel company in China
04/04/2019
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9:21:47 AM
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In 2018, IHG increased its Greater China system size to 391 open hotels (115,000 rooms) and 142 signings for 29,000 rooms, taking the pipeline for the region to 341 hotels and 78,000 rooms.
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