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Search results for “Steigenberger”
Chinese hotel giant Huazhu offloads partial stake in Accor last year
04/25/2020
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8:22:54 PM
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Same-hotel RevPAR growth continued to slow down in 2018-2019, reflecting oversupply in hotel market and intensified competition in greater accommodation industry with alternative lodging.
Huazhu's RevPAR drops 58% to RMB 75 in Q1
04/24/2020
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2:56:42 PM
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The same-hotel occupancy rate declined 35.5 percent point in Q1.
CEO Ji Qi foresees the future of Huazhu as a “world-class hotel company”
11/14/2019
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9:59:36 AM
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The team, led by Qi and Jenny Zhang, is ready for a major leap after being in the business for 14 years. Huazhu is eyeing 10,000 hotels in 3-5 years, and sufficient scale in geographic areas outside China, too.
Huazhu net revenue increases by 10.4% to US$427 million in Q3
11/13/2019
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9:40:27 AM
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Hotel turnover increased by 19% to RMB10 billion. Net revenues from leased and owned hotels were RMB2.1 billion, representing a 1.8% year-over-year increase.
Deutsche’s 51% buy of Zleep opens new markets to both
01/25/2019
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5:01:41 PM
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The deal represents Deutsche’s debut in the Scandinavian market, as well as giving Zleep a foothold in central Europe.
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