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Search results for “earnings”
Wyndham drives rate, pipeline growth in Q2
07/28/2022
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4:59:02 PM
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The group is counting on rate and net-unit growth to stay competitive and afloat amid the myriad headwinds still facing the hotel industry.
Marriott eyes member sign-ups for Marriott Bonvoy in China
07/14/2022
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2:33:29 PM
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The global hotel company has strengthened its ties with the Alibaba ecosystem and counting on Alipay, Fliggy, Tmall and Taobao to target those who are yet to sign up for Marriott Bonvoy travel program.
Pandemic cost China’s civil aviation sector $16.2 billion in first half, more than last year
07/12/2022
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11:39:52 AM
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Accumulated losses since the start of the pandemic in early 2020 are now approaching USD 44.7 billion.
Trip.com Group records growth in certain areas not impacted by Covid
06/29/2022
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11:36:31 AM
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The online travel company acknowledged that the hotel business recovery was much faster in areas less impacted by Covid. Hotel bookings in Southern and Western China have recently surpassed 2019 levels.
Asia-Pacific hotel pulse: lockdowns in China hold back hotel performance of Marriott, Hilton, MGM Resorts
05/26/2022
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3:21:31 PM
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MGM Resorts International properties in Macau in China continue to face headwinds.
Meituan acts fast on new demand and cost cutting opportunities in Q1
06/09/2022
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2:21:26 PM
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The company highlighted that the decision to support hotel companies’ digital transformation and some of the other initiatives like Hotel + X are contributing immensely at this juncture.
Trip.com Group corporate travel arm Trip.Biz releases China market white paper
06/07/2022
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9:19:30 PM
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China's business travel market is expected to recover and surpass pre-pandemic levels by 2024, with total business travel spending exceeding $400 billion.
Huazhu better equipped to deal with ups and downs of the business cycle
06/02/2022
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10:47:10 AM
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Taking care of its stakeholders and refining its sales strategy as per the demand being seen locally, the hotel company believes it is now better prepared to deal with uncertainty.
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