Search results for “RevPAR”
Hotelier IHG doubles down on China, targets high-end hotel brands
05/10/2018|5:18:06 PM|
With a further 75,000 hotel rooms in the pipeline, China will soon account for a third of the group’s global portfolio.
China hotels to gross $796 billion in 2018 in accommodation and F&B services
04/13/2018|5:54:46 PM|
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.
Chinese star-rated hotels generate 57.77 billion yuan in Q4, AOR at 57.71%
03/20/2018|6:37:32 PM|
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|9:53:27 AM|
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.
China demand helps Hilton, Marriott fuel international growth
02/16/2018|10:48:23 AM|
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.
ChinaTravelNews Briefing: Alibaba, Ctrip, statistics & forecasts, acquisitions & investments
02/11/2018|10:17:01 AM|
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|7:58:55 AM|
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.
Car Inc. ups 31% year on year in car rental revenue
11/22/2017|10:50:10 AM|
For the nine months ended September 30, car rental revenue was RMB 2,838 million, an increase of 31% YoY. Net profit was RMB 662 million, compared with RMB 1,388 million in the same period of 2016.
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