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Search results for “franchise”
Hong Kong Airport to extend relief measures for operators until end of Jul-2021
06/02/2021
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11:06:50 AM
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Measures include airlines, retailers, catering companies, ground handling companies and HKIA personnel.
Huazhu Group targets lifestyle market opportunities
05/27/2021
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11:12:05 AM
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The Chinese hotel company believes its expansion in the lifestyle segment, both via organic and inorganic routes, plus excellent RevPAR growth in lower-tier cities is a positive sign for the group.
Huazhu Group gears up for expansion in lower-tier cities
12/09/2020
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11:31:23 AM
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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.
Accor may use SPAC to own real estate while still trumpeting asset-light strategy
05/21/2021
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2:24:15 PM
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Accor’s potential SPAC listing would target companies in the lifestyle and leisure sector. The company wants to raise as much as $366 million under such a deal.
Wyndham reports a 26% revenue decline but a $24 million profit
04/30/2021
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10:27:59 PM
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Net revenues for the three months ended March 31, 2021 decreased $107 million, or 26%, compared to the prior-year period.
China’s OTAs and hotel groups are launching more hotel brands to meet diverse demands
04/30/2021
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7:15:25 PM
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Competitions in new fields and changes in business strategies are catalyzing the launch of new brands.
Why develop a franchised boutique hotel?
06/03/2019
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10:00:49 AM
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Lifestyle boutique and soft-branded hotels continue to exhibit strong performance, which piques the interest of brands, developers and consumers.
Elong Hotel debuts in Shanghai, forming a new OTA-hotel relationship
04/26/2021
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11:34:59 AM
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Elong Hotel has signed up 62 properties for its four brands, most of them are franchised hotels in lower-tier cities in eastern, southern and central China.
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