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Search results for “corporate transient”
Q2 proves to be turbulent as well as promising for H World
08/31/2022
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5:18:06 PM
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The mixed performance came in considering that the company’s European operations recovered to attain 2019 levels, whereas H World continued to focus on maintaining a healthy cash position for its operations in China.
Marriott taps into new revenue streams amid China's strong recovery
10/17/2020
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10:23:23 PM
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While domestic travelers accounted for about 70% of the stays in Marriott’s China portfolio pre-pandemic, today it is closer to 95%.
Executives at Marriott, Hilton, and Hyatt say business travelers are crucial to their survival
02/07/2021
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6:03:21 PM
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Global Business Travel Association expects that there to be a 21% increase in business travel expenditure during 2021.
STR: How will U.S. hotel industry be like in the new year?
01/04/2021
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5:19:23 PM
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STR projects ADR growth of just over 5% in 2021 and likely the same or a more subdued pace going forward.
Greater China leads Hyatt recovery; Generation Z brings new engine | Weekly Review
08/08/2020
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11:39:08 PM
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Booking Holdings gets a triple return on Meituan investment; Jin Jiang remains Accor's biggest shareholder with a 13% stake.
Hilton’s revenue plunges 77% in Q2 but sees growth opportunities in China
08/06/2020
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11:39:32 PM
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In Asia-Pacific, performance is largely driven by rebounds in both leisure and business transient travel in China, where occupancy is more than 60%.
Greater China continues to lead Hyatt Hotels' recovery
08/04/2020
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6:31:08 PM
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RevPAR in Greater China has shown continued improvement since May, with preliminary estimates indicating occupancy reaching 57% at the end of July.
Marriott’s new contract with Expedia signals a shift in the direct booking wars
04/12/2019
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5:55:33 PM
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The complete aggregation that Expedia and Booking have as OTAs is extremely tough to replicate.
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