Search results for “hotel”
What global hoteliers need to learn from China’s hotel recovery and hiccup
06/30/2020|5:20:49 PM|
Mainland China’s average hotel occupancy bottomed at 7 percent in early February but rebounded to as high as 52 percent the week of June 13.
Chinese hotels in desperate need of strategies to compete with Western hotel chains
06/28/2020|3:45:15 PM|
It is vital for domestic Chinese hotels to detect and eliminate gaps in hardware and/or service quality.
Hospitality startup K Hotel raises S$2m in seed funding
06/22/2020|3:03:19 PM|
K Hotel plans to raise S$5 million for its Series A round to further fund this expansion.
What will hotel recovery look like after COVID-19?
06/12/2020|2:46:39 PM|
Hotels can expect that major cities still battling infection rates will see a slower rise in confirmed stays.
Covid19 hotel development analysis: Jin Jiang
06/30/2020|5:16:24 PM|
It reports there are 26 projects in progress as of 10 June 2020, with a further five developments on hold.
Chinese hotel group GreenTree sees a 33% drop in Q1 revenue
06/05/2020|2:18:13 PM|
The company expects its total revenues to decrease by 10%-15% for the full year 2020.
Online travel platforms build membership programs for independent hotels
06/04/2020|11:06:50 AM|
Smaller hotels are particularly vulnerable to the coronavirus impact and that may present an opportunity for the online giants to help while growing their own influence.
Palminvest buys Portuguese hotel chain for $335 million
06/04/2020|5:35:35 PM|
The acquisition is a risk worth taking although it could take up to five years to restore its profits to where they were before the outbreak.
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