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Search results for “US lodging”
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.
China Lodging Group grows robustly in mid- and up-scale RevPAR
08/16/2016
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9:22:10 PM
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Occupancy rate was 85.2% in Q2 2016, compared with 85.8% in Q2 2015. The slight decrease was due to lower occupancy in lower-tier cities.
China's US property investment to double in next 5 years
08/16/2016
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5:26:01 PM
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For the past five years, Chinese buyers spent about USD 17 billion on U.S. commercial real estate while spending roughly USD 93 billion on homes in U.S. over same period.
Accor explores upscale hotel market in China after FRHI acquisition
08/01/2016
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9:56:17 AM
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AccorHotels has boosted its hotel portfolio in China to 195 following its acquisition of FRHI and its three upscale hotel brands, and plans to open four Sofitel hotels, four Pullman hotels, one Fairmont hotel and two Swissotels by the end of next year.
The disappointing life of hotel industry booking site Room Key
07/12/2016
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10:33:19 AM
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Room Key, launched in January 2012, is the brainchild of six major hotel chains. However, it turns out to be a disappointment due to unreasonable profit model, limited marketing budget and pop-under ads.
China Lodging and Vanke back SimplyWork in series A round
06/22/2016
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11:51:18 AM
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Office-sharing platform SimplyWork announced that the company has raised RMB 30 million in its series A round. The round had China Lodging Group, Vanke and IDG Capital as investors.
Hotel industry to see more consolidation
06/07/2016
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2:44:57 PM
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Blackstone Group's senior executive Jon Gray expects sale of Strategic Hotels to Anbang to go through.
US and China drive global hotel development
06/23/2016
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2:46:03 PM
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The US and China are driving the expansion of global hotel supply, a new report has revealed.
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