Search results for “average daily room rate”
China’s alternative accommodation industry in 2021: ADR falls below $48
01/28/2022|5:53:53 PM|
Over 75% of short-term rental properties saw revenue below RMB 1 million.
GreenTree Hospitality reports over 13% increase in gross profit for Q3 2021
01/13/2022|4:50:30 PM|
The average daily room rate for all hotels in operation was RMB 163, an increase of 7.7% from RMB151 in the third quarter of 2020.
Meituan underlines potential for sustainable growth in hotel bookings
11/30/2021|2:08:09 PM|
The company stated that it not only continues to leverage its competitive advantage in lower-tier markets, but it is also improving its offering in the high-star hotel category.
GreenTree Hospitality net income drops 14% in Q2
11/16/2021|6:44:58 PM|
The occupancy rate for all hotels in operation was 78.6%, an increase of 15.2 percentage points compared with the second quarter of 2020.
Booking.com APAC chief: making business easier for anyone and anywhere
09/09/2021|1:44:16 PM|
The Amsterdam-based online travel platform may have to wait till international travel reopens in China to maximize its regional recovery.
GreenTree Hospitality reports over 53% increase in revenues for Q1 2021
07/29/2021|10:33:41 AM|
The occupancy rate was 63.4%, an increase of 16.1 percentage points year-over-year, and a decrease of 14.7 percentage points compared with 78.1% in the pre-COVID-19 first quarter of 2019.
Delivery robot provider Star Speed Store secures $2.97 million in angel round
06/07/2021|11:10:00 AM|
The company aims to take its robots to thousands of hotels in 25 Chinese cities this year.
Hotel group Huazhu pares loss and expects revenues to rise 87%-89% in Q2
05/25/2021|11:34:28 PM|
Net revenues increased 15.6% year-over-year to USD 355 million for the first quarter.
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