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Search results for “hotel ADR”
RevPAG – The new indicator of hotel revenue performance
09/24/2019
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11:03:11 AM
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RevPAG is a more advanced metric for hotels to measure their revenue performance focusing on guest spending during stay.
Revenue management to revenue strategy: the changing role of RM in hotels
09/27/2019
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6:06:28 PM
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The right combination of big data and smart technology with a role transition from revenue management to revenue strategist will lead to a successful hotel RM approach.
Huazhu net revenue increases by 13.4% to US$417 million in Q2
08/22/2019
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9:09:12 AM
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Hotel turnover increased by 18% to RMB8.8 billion. Net revenues from manachised and franchised hotels were RMB803 million (US$117 million), representing a 30.4% year-over-year increase.
GreenTree revenues climbed 21.6% in Q1, occupancy dropped by 1.5 percentage points
08/16/2019
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5:53:42 PM
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Total revenues grew 21.6% thanks to addition of 134 hotels, improved RevPAR, membership growth, and the consolidation of the Argyle's results of operation.
How outsized supply growth is affecting Chinese hotels
08/13/2019
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6:05:36 PM
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For the first time since 2016, STR data shows mainland China supply growth outpacing demand growth, leading to occupancy declines.
China hotel market & forecast to 2023 by hotel type
07/01/2019
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1:39:53 PM
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The China hotel market is expected to be USD 136 billion (yuan 938 billion) by the end of the year 2023.
Huazhu net revenue rises 14.2% to $356 million in Q1
05/23/2019
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7:31:53 AM
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Hotel turnover increased 17% to RMB7.2 billion. Net revenues from manachised and franchised hotel were RMB1.7 billion (US$257 million), representing a 15.2% year-over-year increase.
GreenTree's revenues grow 20.1% to $35.1 million in Q1 2019
05/24/2019
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6:51:08 PM
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Occupancy rate was 78.1%, a decrease of 1.1% year-over-year. And RevPAR increased 2.5% to RMB127 in the first quarter of 2019.
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