Search results for “hotel room”
Chinese hotel giant Huazhu reaps 15% of annual revenue from overseas unit
04/25/2021|5:55:27 PM|
As of last year, Huazhu still held USD 897 million worth of investments in companies including Accor (USD 593 million) and OYO (USD 10 million).
Elong Hotel debuts in Shanghai, forming a new OTA-hotel relationship
04/26/2021|11:34:59 AM|
Elong Hotel has signed up 62 properties for its four brands, most of them are franchised hotels in lower-tier cities in eastern, southern and central China.
Accor reports nearly 50% revenue drop in Q1 2021
04/22/2021|5:23:56 PM|
In Asia-Pacific, RevPAR fell by 54.8%, with mixed performances by region.
GreenTree Hospitality revenues drop 14.8% last year
04/15/2021|5:07:37 PM|
RevPAR was RMB 124 for the fourth quarter in 2020, down by 3.2% year-over-year but up by 4.1% quarter-over-quarter.
China suspends dialogue with Australia; Domestic holiday bookings rise 30% from 2019 | Daily Brief
05/07/2021|12:07:01 AM|
‘Red tourism’ in China appears rampant; HNA Group assets attract interest from Fosun, Air China.
Hilton APAC president: Mid-scale segment will only get bigger in China
04/20/2021|10:01:00 PM|
Hilton aims to open its 400th hotel in Greater China this year.
Macau’s online dining orders increase by 30% year-on-year during May Day holiday
04/30/2021|9:13:46 PM|
Data from Dianping showed that the local tourism sector accelerates a recovery backed by digital transformation.
Travel sector eyes consumers from lower-cities in China
04/13/2021|11:25:41 AM|
The travel sector is counting on consumers from lower-tier cities as a vital cog for not only revenue generation in the short-term, but also as a growth engine for the future.
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