Search results for “economy hotel”
Huazhu's net revenue rises 8.5%, same-hotel RevPAR down by 5.4%
03/27/2020|8:19:48 AM|
Huazhu is expected to close 350-450 hotels, including planned closure of 300-350 hotels and special closure of 50-100 hotels impacted by COVID-19.
Asia is restricting visitors; Agoda offers long-term stays | Daily Brief
03/16/2020|11:21:21 PM|
Trip.com Group-backed hotel firm reported virus impact of RMB 20.77 million in 38 days; Scandinavian airline SAS will temporarily lay off 10,000 employees, or 90% of its workforce.
Klook buys car rental firm; Chinese airlines confident of ‘triumph’ | Daily Brief
04/02/2020|11:56:53 PM|
Global mobile payment solution provider Ksher said it has secured millions of US dollars; China’s airlines see only a short-term hit from the coronavirus outbreak.
Ctrip Corporate Travel’s white paper sheds light on latest market trends
04/28/2020|10:14:49 AM|
China’s business travel market posted a growth rate of 5.9% last year, while the average annual growth rate in 2013-2018 was 11%.
Tencent-invested Meituan registers 110 million room nights in Q4
03/30/2020|6:29:26 PM|
Meituan estimates negative year-over-year revenues growth and operating loss for the first quarter of 2020 due to the pandemic.
Shanghai Disney steps up entrance checks; Chinese airlines lose $4.8 billion | Daily Brief
04/15/2020|11:04:39 PM|
Finnair plans a joint venture with China’s Juneyao Air; Marriott's RevPAR drops 83% in Greater China in March.
Global top 3 tourism nations unveiled, China's hotel markets remain strong and more
01/17/2020|4:57:00 PM|
OYO is firing thousands of staff across China and India; Six Flags is struggling with its planned parks in China and might scrap plans to complete them.
Economy hotels form 87.3% of China’s accommodation supply in 2017
08/16/2018|8:33:13 AM|
By the end of 2017, China registered 457,834 accommodation facilities and 16,770,394 guest rooms. About 69% of them were hotels and 31% were alternative accommodations.
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