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Search results for “hotel consolidation”
Payments and guest experience: Eliminating the friction
04/21/2020
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9:12:03 PM
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Discussions in payments are less and less about cost savings but more about user experience.
Tencent-backed OTA reports a 43.6% drop in Q1 revenue
05/21/2020
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5:34:42 PM
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Net revenue is expected to decrease by 24% to 29% for the second quarter this year.
Huazhu initiates major restructuring to pursue global ambition
05/20/2020
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10:58:13 PM
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China remains key to the company's operation while Huazhu will continue its investments for international expansion.
China clears way to restart MICE events; Livestreams to boost tourism | Daily Brief
05/12/2020
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1:24:14 AM
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Shanghai Disneyland sold out of tickets for its May 11 reopening within minutes; Travel short video service provider raises millions of yuan.
Accor CEO: We won’t be investing equity in our struggling hotels
04/24/2020
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1:55:07 PM
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The occupancy at Accor’s upscale Chinese properties has improved into the 20 percent range.
Tencent-invested Meituan registers 110 million room nights in Q4
03/30/2020
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6:29:26 PM
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Meituan estimates negative year-over-year revenues growth and operating loss for the first quarter of 2020 due to the pandemic.
Huazhu's net revenue rises 8.5%, same-hotel RevPAR down by 5.4%
03/27/2020
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8:19:48 AM
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Huazhu is expected to close 350-450 hotels, including planned closure of 300-350 hotels and special closure of 50-100 hotels impacted by COVID-19.
Beijing warns against US travel; France sees 30%-40% less visitors | Daily Brief
02/24/2020
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8:56:36 PM
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Juneyao Airlines will be indefinitely postponing the launch of new European routes; AI tech firm raised $42 million in funding.
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