Search results for “hotel consolidation”
Huazhu Group aims to be bigger, gears up for a brighter future
03/30/2021|10:44:56 AM|
The Chinese hotel company has carved out its strategic focus for 2021, built on property expansion, strengthening bonds with existing and new customers, both backed up astute data strategy and digitization project.
Accor’s revenue reduces nearly 60% in 2020, but Huazhu invests more
02/24/2021|5:55:57 PM|
In China, the recovery observed from the second quarter onwards gathered pace quarter after quarter, resulting in a 44.2% decline in RevPAR over the year.
Marriott refines development strategy in China, focusing on “brand+destination”
03/05/2021|11:32:50 AM|
Marriott plans to open 60 or more hotels in China this year.
Sabre reports a net loss of $311 million for Q4
02/17/2021|10:41:11 AM|
Operating loss was USD 988 million, versus operating income of USD 363 million in 2019.
Agoda leads Booking Holdings’ APAC partnerships, capitalizing on China market
02/08/2021|7:44:35 AM|
Meituan and Didi are deemed Booking Holdings’ “strongest partners” in China.
Trip.com applies for second listing; Accor further offloads stake in Huazhu | Daily Brief
02/21/2021|12:16:42 AM|
US could lose $15-30 billion a year if Chinese tourism, education spending falls; Minor Hotels taps China's growing domestic tourism.
Shangri-La hotels to let go 100 staff, report says
12/11/2020|2:11:10 PM|
For the six months ended June, Shangri-La Asia Limited reported a loss of USD 255.4 million compared with a profit of USD 64.2 million the year before.
Huazhu Group posts better-than-expected revenue growth in Q3
12/04/2020|8:37:54 PM|
Huazhu expects net revenues to grow by 0%-3% year-over-year for the fourth quarter.
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