Search results for “consolidation”
Accor reports nearly 50% revenue drop in Q1 2021
04/22/2021|5:23:56 PM|
In Asia-Pacific, RevPAR fell by 54.8%, with mixed performances by region.
Travel brands assess efficacy of content in evolved purchase loop
04/15/2021|5:55:47 PM|
The role of content and blending it with commerce is getting refined in China. Hotel companies also need to re-work on their tech stack to ensure they end up having a better grip on the customer journey.
OTA rolls out travel marketing hub; Alibaba, Hilton integrate membership | Weekly Review
04/04/2021|11:24:18 PM|
TravelSky net profit plunges 85% in 2020; Tongcheng-Elong acquires a corporate travel firm.
Trip.com filing: Baidu remains its largest shareholder, international revenue drops significantly
03/16/2021|5:10:46 PM|
Revenue from other regions across the globe decreased from 12.5% in 2019 to 7.1% in 2020.
Huazhu Group aims to be bigger, gears up for a brighter future
03/30/2021|10:44:56 AM|
The Chinese hotel company has carved out its strategic focus for 2021, built on property expansion, strengthening bonds with existing and new customers, both backed up astute data strategy and digitization project.
Alibaba, Hilton integrate membership; Chinese OTA buys corporate travel firm | Daily Brief
03/29/2021|9:24:46 PM|
Hong Kong to ease social-distancing, push for travel bubbles to speed up mass vaccination; U.S. lawmakers ask Biden to make travel easier from Taiwan.
OYO’s Chinese rivals merge amid coronavirus outbreak
03/11/2020|10:09:44 AM|
The IDG Capital-invested H Hotel has signed up a total of 2,500 hotels as of 2019, while Huazhu’s Elan Hotel has contracted over 600 properties.
Accor’s revenue reduces nearly 60% in 2020, but Huazhu invests more
02/24/2021|5:55:57 PM|
In China, the recovery observed from the second quarter onwards gathered pace quarter after quarter, resulting in a 44.2% decline in RevPAR over the year.
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