Search results for “hotel consolidation”
Accor Q3 revenue back to 60% of pre-pandemic level, ‘moving two steps forward and one step back’
10/28/2021|2:17:17 PM|
RevPAR improved by 20 percentage points versus Q2 2021.
Club Med aims to double resorts in China; OTA acquires PMS firm | Daily Brief
09/28/2021|11:20:38 PM|
Sabre enhances partnership with Shiji to enable hoteliers to access Chinese travel market; Huazhu Group appoints CEO for international business.
Tongcheng-Elong acquires PMS provider Jintiane, further consolidating its position in lower-tier cities
09/28/2021|4:56:15 PM|
The acquisition has deepened the online travel platform’s cooperation with over 10,000 hotels.
OYO’s Chinese rivals merge amid coronavirus outbreak
03/11/2020|10:09:44 AM|
The IDG Capital-invested H Hotel has signed up a total of 2,500 hotels as of 2019, while Huazhu’s Elan Hotel has contracted over 600 properties.
Huazhu president: new signings hit a record high in H1
09/08/2021|11:46:40 AM|
This is despite the fact travel restrictions in the latter part of Q2 had negatively impacted new signings and construction progress.
China hunkers down as Delta mutant spreads; Airlines search for new opportunities | Daily Brief
08/06/2021|10:24:15 PM|
HNA Group delays submitting restructuring plan till November; Meituan upgrades assurance services for unused travel orders due to the epidemic.
Road trip startup wins funding; Cruise firm wants to hold expo at sea | Weekly Review
07/31/2021|11:34:45 PM|
Amadeus partners with Shiji in China; Hilton's China business is almost back to pre-Covid.
Shanghai airports reopen after typhoon; OTA offers trips in European campaign | Daily Brief
07/27/2021|11:35:02 PM|
Road trip provider Utravel raises $3 million; Mergers like the Caissa+Utour’s might be rare.
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