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Search results for “RevPAR”
Travelport beyond-air revenue continues to soar by 21% in Q2 2018
08/02/2018
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11:37:58 PM
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Travelport net income reached $7 million in Q2 2018, Travel Commerce Platform revenue increased 9% to $638 million.
Marriott CEO: ‘We can deliver a better home-sharing product’
05/13/2018
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10:04:17 AM
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Like AccorHotels and Hyatt, Marriott CEO says the company will focus on the higher end of the market because it’s a place where branding can make a difference.
China hotels to gross $796 billion in 2018 in accommodation and F&B services
04/13/2018
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5:54:46 PM
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Hotel report projects that China’s hotel industry will gross RMB 5 trillion from accommodation and F&B services in 2018. Jinjiang, BTG Homeinns and HUAZHU have been identified as the three biggest hotel groups.
China demand helps Hilton, Marriott fuel international growth
02/16/2018
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10:48:23 AM
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Hilton posted a 7.6% RevPAR climb in Q4 from Asia Pacific as it benefited from addition of more hotels in China, while rival Marriott said its China RevPAR grew 9.1% in the quarter.
Chinese star-rated hotels generate 57.77 billion yuan in Q4, AOR at 57.71%
03/20/2018
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6:37:32 PM
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Some 9,775 star-rated hotels in China reported totaled operating incomes of 57.77 billion yuan in Q4 2017, of which 25.251 billion yuan, or 43.71%, was room revenues.
China’s hotel investors set sights on domestic expansion
02/26/2018
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9:53:27 AM
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In key markets such as Beijing and Shanghai, JLL expects RevPAR (revenue per room) to increase between three and four percent in the next few years.
ChinaTravelNews Briefing: Alibaba, Ctrip, statistics & forecasts, acquisitions & investments
02/11/2018
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10:17:01 AM
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Alibaba’s Fliggy, Ctrip, Tongcheng-eLong and TravelFlan had new moves in the market, tourism statistics provided an update on China’s tourism performance, and acquisitions & investments had been made.
Hotel giant China Lodging's profit rises 60% in Q3 2017
11/29/2017
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7:58:55 AM
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Chinese hotel giant China Lodging Group recorded a 60% rise in net profit to USD 70.7 million, as 19.8% of net revenues. The firm has completed integration of Crystal Orange into Huazhu's platform.
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