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Search results for “daily rate”
GreenTree Hospitality net income drops 14% in Q2
11/16/2021
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6:44:58 PM
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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.
Shifts in marketing department expenditures reveals changes in tactics during recession
11/17/2021
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3:47:15 PM
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Despite rising levels of revenue, sales and marketing department expenditures are still on the decline for most of the property types.
Marriott hits profit setback due to delta variant
11/04/2021
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1:52:41 PM
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Marriott reported a USD 220 million profit for the third quarter, a drop from the USD 422 million profit seen in the second quarter.
IHG posts Q3 results, group RevPAR down 21% vs 2019
10/25/2021
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6:30:55 PM
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Increases in Covid-19 cases and the reintroduction of temporary restrictions resulted in RevPAR weakening to a 55% decline in August in Greater China.
Chinese traveler survey reveals increased wanderlust, with challenges and opportunities for destinations
09/24/2021
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4:27:07 PM
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Infection numbers and infection rates are much more likely to be correlated to perceptions of a destination being unsafe, compared to vaccination rates.
Tongcheng-Elong acquires PMS provider Jintiane, further consolidating its position in lower-tier cities
09/28/2021
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4:56:15 PM
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The acquisition has deepened the online travel platform’s cooperation with over 10,000 hotels.
Booking.com APAC chief: making business easier for anyone and anywhere
09/09/2021
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1:44:16 PM
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The Amsterdam-based online travel platform may have to wait till international travel reopens in China to maximize its regional recovery.
Malaysia calls for ASEAN-China travel bubble; Skyscanner names new CFO | Daily Brief
09/10/2021
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9:57:30 PM
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China to build an international leisure travel island in closer Guangdong-Macao tie-up; Capital sees peak travel booking ahead of Universal Beijing Resort's opening.
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