Search results for “hotel rate”
Why develop a franchised boutique hotel?
Lifestyle boutique and soft-branded hotels continue to exhibit strong performance, which piques the interest of brands, developers and consumers.
As Airbnb grows, this is exactly how much it’s bringing down hotel prices and occupancy
Research shows that every 1% increase in the number of Airbnb properties decreased the average revenue per room by 0.02%.
Huazhu Group closes 60 hotels in Q1
Huazhu CEO Jenny Zhang said it had developed slightly different distribution approaches and fee structure to be more flexible in accommodating needs of independent hotels.
Online travel companies still using pressure tactics to panic people into booking
All these sites have until September 1 to fully comply but if they don’t, the CMA is prepared to take further action against them.
GreenTree's revenues grow 20.1% to $35.1 million in Q1 2019
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.
Ctrip offers insights into customised high-end travel
Ctrip’s data show that the average expenditure per person on a high-end customised travel package is S$3,410, while for a standard package it is $790.
How Booking.com could bring an end to the dreaded hotel resort fee
Resort fees are estimated to have brought in up to $2.93 billion in 2018 alone. The average fee climbed 11% last year to $21 per night.
Meituan reports 43.2% rise in in-store, hotel & travel businesses revenue in Q1
GTV of the in-store, hotel & travel businesses grew by 15.1% to RMB46.4 billion in the three months ended March 31, 2019.
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Airport transportation marketplace Jayride raises $3.5m
Google Maps becomes more ‘social’ with Local Guides follow feature
Cover Genius adds $10M in Series B for growth in the U.K., U.S. and Asia
Airbnb China president: Localization is key to be successful in the country
Airbnb management startup Hometime banks $6.7 million
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