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Search results for “RevPAR”
European hoteliers report strong Q3 performance
11/07/2016
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6:19:16 PM
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Europe’s results were positive when compared with September 2015. The region reported a 0.8% increase in occupancy to 81.0%, a 2.6% rise in ADR to EUR123.23 and 3.4% lift in RevPAR to EUR99.77.
Net profit of Jin Jiang totals RMB 736m in three quarters
11/02/2016
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10:03:43 AM
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Jin Jiang Group’s subsidiaries Jin Jiang Hotels Development, Jin Jiang Investment, Jin Jiang Travel registered a total of RMB 736 million net profit in Q3 2016.
China Lodging Group net income jumps 31.4% in Q3 2016
11/15/2016
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12:46:27 PM
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China Lodging Group (Huazhu Hotels Group) reported net income growth of 31.4% to RMB 293.9 million (USD 44.1 million) in Q3 2016.
Jin Jiang, Homeinns upgrade budget hotels to mid-range
10/18/2016
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1:18:28 PM
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Hotel companies Homeinns and Jin Jiang remodeled some of their existing economy hotels to midscale hotels to overcome problems in finding properties and increase RevPAR.
Home Inn registers AOR of 83.2% in H1 2016
08/31/2016
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6:44:45 PM
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The average room rate of Home Inn in the first half of this year was RMB 160.72 per night; the average occupancy rate reached 83.2% and RePAR was RMB 133.76, according to the interim financial results released on August 30.
Jin Jiang Hotels reports AOR of 74.09% in H1 2016
08/31/2016
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6:32:52 PM
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Jin Jiang Hotels reported average room rate of RMB 183.80 and average occupancy rate of 74.09% in H1 2016, according to the financial results released on August 29.
CAR Inc. reports slight increase in three-quarter net profit
11/17/2016
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6:56:39 PM
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CAR Inc. posted net profit of RMB 1,388 million in first three quarters and the company's chairman believes the new car-hailing rules are good for subsidiary UCAR.
China Lodging keen on sustaining growth, plus better margin
08/19/2016
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5:33:26 PM
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China Lodging Group is optimistic that the key performance metrics would continue to show upward movement buoyed by quality of the product and a diverse brand mix.
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