Search results for “growth”
Weak Asia weighs on Accor first-quarter hotel room revenue growth
04/19/2019|12:11:06 PM|
RevPAR in the Asia Pacific region contracted 0.6% in the quarter, RevPAR in China alone fell 3%.
Sharp demand growth drives record-high occupancy for U.S. airport hotels
04/11/2019|4:55:00 PM|
The ADR of U.S airport hotel may be affected by “contract” business and the lack of pricing power during weekends and thus grows below the overall market average.
Airlines swoop on China's tier 3-4 cities in search of growth
03/28/2019|9:05:16 AM|
The upsurge is due to local authorities attracting carriers with subsidies and a jump in consumption by local residents at the same time.
Chinese hotel giant Huazhu Group reports 22.3% growth in 2018 revenue
03/15/2019|9:04:59 AM|
For the full year of 2018, net revenues from leased and owned hotels were $1,087 million, representing a 17.9% year-over-year increase; net revenues from manachised and franchised hotels were $367.5 million, a 36.6% year-over-year increase.
ZUZU Hospitality Solutions secures Series A to boost regional growth
03/19/2019|5:21:54 PM|
Globally, there are more than 300,000 independent hoteliers, and less than 1 in 10 use any sort of revenue management software.
Global tourism is driving economies and job growth despite U.S.-China trade strains
03/12/2019|9:58:54 AM|
Northeast Asia, which includes China, ranked second with $2.1 trillion in travel and tourism-driven economic activity last year.
GDS hotel bookings and ADR growth drive strong RevPAR performance
03/07/2019|3:58:11 PM|
Rooms sold through both GDS and Brand.com channels were up 6.4 percent and 2.0 percent respectively in the fourth quarter of 2018,
Six Flags’ global growth plans are running into economic roadblocks
02/16/2019|8:48:54 PM|
The delay in China openings resulted in a $15 million revenue reversal for the fourth quarter.
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