Search results for “RevPAR”
CAR Inc. car rental revenue increases by 31% YoY
08/16/2017|11:50:59 AM|
Net profit was RMB 379 million, a decrease of 64% YoY; car rental revenue was RMB 1,739 million, an increase of 31% YoY, and rental days grew by 71% year-over-year.
Hilton to introduce new brands to China
08/02/2017|4:21:16 PM|
Hilton is planning more than 400 hotels in Asia Pacific and expects to introduce more brands into China, considered a key market in its future strategy.
Wyndham buys AmericInn hotel chain for $170 million
07/19/2017|4:48:05 PM|
AmericInn will become Wyndham’s 20th hotel brand. It has 200 mostly franchised hotels comprising 11,600 rooms in 21 states throughout the US.
The hotel chain that doesn’t need Booking.com or Expedia
07/11/2017|9:19:33 AM|
Premier Inn’s proportion of direct bookings is pretty eye-opening, but the brand operates under a particular set of circumstances. If it decides to ramp up its international expansion, it will be interesting to see if it chooses to make more use of online travel agents.
eHi boosts car share service while UCAR beefs up car dealing platform as authorities give go ahead to car share concept
06/07/2017|7:36:52 PM|
eHi Car Sevices reported 33% increase in first quarter income, boosted by car rental and car services, while UCAR aims to raise $2 billion for its e platform for car dealing.
China Lodging's net revenues grow 10.8% in Q1 2017
05/11/2017|7:36:20 AM|
China Lodging Group posted net revenues of USD 231.4 million in the first quarter of 2017, up by 10.8% YoY. Net income attributable to company rose from RMB 69.4 million in Q1 2016 to RMB 148.1 million (USD 21.5 million).
China's star-rated hotels post 54.4 billion yuan revenue in Q4 2016
04/20/2017|1:48:11 PM|
Star-rated hotels in China registered an aggregate of RMB 54.43 billion operating revenues in the fourth quarter of 2016. Guestroom revenue was RMB 24.49 billion and average occupancy was 56.6% in the quarter.
China Lodging Group's net revenues rise 13.2% in 2016
03/15/2017|6:18:37 PM|
China Lodging Group (Huazhu Hotels) reported net revenues of RMB 6,538.6 million (USD 941.8 million) in 2016, up by 13.2% YoY, in line with the guidance previously announced.
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