Search results for “hotel rates”
OYO China CFO: We’ll have clear models for hotel operation and profitability
03/04/2019|8:57:29 AM|
"We know that speed, manpower efficiency and scalability are equally important. What’s not going to happen this year is that we will only manage to keep 5,000 of the 10,000 hotels we signed in 2018."
Booking Holdings holds 8% and Baidu holds 19% equity of Ctrip in 2018
03/18/2019|10:21:45 AM|
Total revenues grew from RMB7.8 billion in 2014 to RMB31.1 billion (US$4.5 billion) in 2018, representing a compound annual growth rate of 41.4%.
Ctrip CEO Jane Sun discuses globalization 4.0 at Davos
01/25/2019|10:50:37 AM|
The growth rate of international overnight hotel stays is twice that of the overall industry rate, and growth in international air tickets is three times that of the overall industry rate.
Travelport Digital and BCD Travel extend partnership
02/21/2019|11:35:38 AM|
BCD Travel’s TripSource uses real-time messaging capabilities to provide travel updates such as flight delays to help travelers have a seamless, well-informed experience.
Meituan homestay CEO: China’s B&B sector has potential to grow 6-8 times
01/28/2019|10:44:46 AM|
Meituan’s data shows that the annual average room nights for China's homestay industry had been doubling in 2016-2018, and the rate of increase is expected to be over 100% from 2019 to 2021.
Qunar’s GMV increases 30% to reach USD 37 billion
01/16/2019|12:15:20 PM|
The GMV of Qunar.com has increased about 30% from a year ago and train ticket business continues to increase by 40%.
Mid- to high-end lodging brand SpaceBox nabs $2.95 million input
01/15/2019|4:35:31 PM|
Users can book guest rooms by the hour through MovieBox, LoversBox or GameBox via its WeChat Mini Program.
Unspoken truths: canceling and re-booking for a better rate
11/14/2017|5:49:55 PM|
There have been reports of many guests canceling and re-booking their hotel rooms to achieve better rates, so how does this impact hoteliers and what can they do about it?
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