Search results for “fee revenue”
Universal Studios to open on Sep 20; Meituan posts 81% rise in Q2 room nights | Daily Brief
08/30/2021|9:39:21 PM|
Merlin starts construction on $1 billion Legoland theme park in Shenzhen; UK universities chartering planes to fly in 1,200 Chinese students.
Sino-US flights fully booked; China considers issuing vaccine passports | Daily Brief
08/17/2021|9:26:56 PM|
Hong Kong tightens travel rules on 16 countries; China's hotel pipeline continues upward trend through second quarter.
Wyndham eyes exceptional conditions for growth in China
06/22/2021|3:07:08 PM|
After Wyndham's decision to restructure its team in the APAC region last year, the group is building on its direct franchising in China and also plans to target consumers from lower-tier cities.
Sabre reports a net loss of $266 million for Q1, and will not give guidance at this time
05/05/2021|5:13:20 PM|
Sabre’s first quarter revenue decreased by 50%, and global bookings were down by 55%.
Hotel membership operator OTM secures RMB 40 million in an angel round
03/16/2021|5:20:49 PM|
OTM has established cooperation with more than 500 hotels since December 2020.
Asia travel agencies turn asset-light; Jin Jiang, Huazhu remains Accor’s major shareholders | Daily Brief
02/24/2021|11:23:21 PM|
Global theme park brands target lower-tier Chinese cities next five years; Macau casino operators’ stocks rally as China quarantine lifted.
China recovery falls off rails; Conglomerate HNA faces bankruptcy | Weekly Review
01/30/2021|11:52:06 PM|
Travel experience booking platform Klook raises $200 million; China set to expand blacklist of overseas tourist destinations.
Huazhu Group gears up for expansion in lower-tier cities
12/09/2020|11:31:23 AM|
The Chinese multi-brand hotel group mentioned that tier-3 and below cities accounted for 50% of the total pipeline at the end of October. The plan is to establish both middle-scale and economy brands in these places.
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