Search results for “hotel pipeline”
Wyndham eyes exceptional conditions for growth in China
06/22/2021|3:07:08 PM|
After Wyndham's decision to restructure its team in the APAC region last year, the group is building on its direct franchising in China and also plans to target consumers from lower-tier cities.
Hotel group Huazhu pares loss and expects revenues to rise 87%-89% in Q2
05/25/2021|11:34:28 PM|
Net revenues increased 15.6% year-over-year to USD 355 million for the first quarter.
Hotel & lifestyle brand Atour files for $100 million US IPO, with Trip.com holding 14.8% shares
06/09/2021|8:32:46 AM|
In 2020, customers under 30 contributed to 35.0% of its total gross transaction value.
Asia, Europe or Africa - Chinese hotel chains are going overseas despite headwinds
05/11/2021|5:36:59 PM|
Chinese hotel groups have mixed results in overseas expansion. It’s an industry-wide issue.
Huazhu Group targets lifestyle market opportunities
05/27/2021|11:12:05 AM|
The Chinese hotel company believes its expansion in the lifestyle segment, both via organic and inorganic routes, plus excellent RevPAR growth in lower-tier cities is a positive sign for the group.
Hilton reports 54.5% revenue decrease in Q1, sees occupancy rise only in Asia
05/05/2021|11:07:21 PM|
The RevPAR in Asia was USD 42.7, down by 6.6% year-on-year.
IHG reports occupancy growth in Greater China and CEO is confident about sustained growth
05/07/2021|8:13:07 PM|
RevPAR in Greater China was down 37.7% vs 2019, and up 78.2% vs 2020.
Wyndham Hotels plans accelerated expansion in Asia Pacific this year
04/15/2021|5:35:37 PM|
Over 100 hotels are expected to open in Greater China in 2021.
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