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Search results for “finance”
IHG reports 17% RevPAR growth, with China market contributing only 7% of revenue
08/17/2023
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2:53:06 PM
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In Q2, the Greater China region's Revenue Per Available Room (RevPAR) doubled compared to the same period last year.
Expedia Group says ‘surplus of top-tier tech talent’ is boosting its strategic hiring efforts
08/08/2023
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5:40:40 PM
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Due in part to its increased employment and compensation expenses, overhead expenses rose 14% in the second quarter to $627 million.
Wyndham sees modest weakening for budget hotels as trends normalize
08/06/2023
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12:47:30 PM
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Wyndham opened another 3,000 direct China rooms this quarter, driving a 13% China direct net room growth.
Amadeus ups investment in the future of its business
08/02/2023
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11:37:56 AM
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The company has signed 40 customers for NDC services already.
Marriott Q2 RevPAR more than doubles in Greater China, raises full-year guidance
08/02/2023
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7:30:47 PM
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The 2023 net room growth rate is expected to be between 6.4% and 6.7%.
Tongcheng carries growth momentum in hotels category into Q2
08/30/2023
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1:58:56 PM
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By capitalizing on travel demand and working out relevant sales strategy, Tongcheng achieved sizable growth in hotel bookings as compared to what it had achieved for the same period in 2019.
Fosun Tourism posts 38% revenue rise, but China is just 4% of Club Med's global volume
08/29/2023
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5:08:13 PM
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Atlantis Sanya's occupancy rate added more than 40 percentage points.
H World shows faith in lower-tier cities residents’ spending power
08/29/2023
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3:35:34 PM
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Lower-tier cities in China offer a massive growth potential, especially considering the fact that around 70% of China’s population resides in these locations.
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