Search results for “hotel pipeline”
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.
Accor further offloads 1.5% stake in Huazhu Group
02/20/2021|11:40:07 AM|
After this transaction, Accor still owns a 3.3% stake in Huazhu and continues to be represented at the Group’s Board of Directors.
Wyndham reports a 40% revenue decline, but Greater China RevPAR performs far better than other regions
02/12/2021|11:56:55 PM|
System-wide rooms declined 4% year-over-year.
Accor sets ambitious line-up for new hotel openings in 2021
01/20/2021|3:28:48 PM|
For the Greater China region, Accor plans to open five major hotels in Sanya, Hangzhou, Hong Kong, Chengdu and Pinghu.
Hotel robot maker raises $77 million; OTA sees rising demand for family travel | Daily Brief
01/20/2021|11:16:54 PM|
Hong Kong extends travel ban to Ireland and Brazil; Skyscanner pinpoints unserved routes for airlines via traveler intent tech.
Greater China leads Marriott's global recovery
01/19/2021|2:39:51 PM|
Marriott's leisure bookings in China have been particularly strong, up over 25% year over year in the third quarter.
Huazhu Group gears up for expansion in lower-tier cities
12/09/2020|11:31:23 AM|
The Chinese multi-brand hotel group mentioned that tier-3 and below cities accounted for 50% of the total pipeline at the end of October. The plan is to establish both middle-scale and economy brands in these places.
Taiwan OTA accused of leaking data to China; Meituan posts 113M room nights | Daily Brief
11/30/2020|10:05:20 PM|
Fosun targets Greater Bay Area tourists with Thomas Cook resort on Zhuhai island; Japan, China resume business travel.
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