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Search results for “luxury”
$42.7 billion in hotel development fuels Chinese tourism recovery
11/03/2023
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6:02:30 PM
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The vast majority of sites are newbuilds, 96% of the pipeline in fact, which equals 1,355 hotels at worst. This compares to just 31 refurbishments, 18 conversions and six extensions.
IHG sees 43% RevPAR rise in China with 67% occupancy
10/23/2023
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11:08:58 AM
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Net system size growth in Greater China was 5.5%.
H World chairman to sell a $54-million stake; Boeing raises China 20-year demand outlook | Daily Brief
09/20/2023
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7:12:06 PM
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Klook targets growth in China and Gen Z travelers; China's first self-made luxury cruise ship to sail next year.
Stuck in China, consumers are spending millions for luxury goods in Hainan
10/09/2021
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11:23:25 AM
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Sales at nine duty-free shops in the southern island province of Hainan totaled nearly $252.3 million from Oct. 1 to 6.
Hong Kongers favor same-day bookings and luxury hotels while staycationing, with trend expected to prevail
11/30/2021
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1:00:37 PM
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The first two quarters saw a year-on-year growth of over 200% in Hong Kong's domestic hotel bookings, compared to 2019.
Marriott execs see all-inclusive as growth model for existing luxury brands
09/23/2021
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4:53:40 PM
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Marriott is determined to grow its all-inclusive platform using its existing brands — and sees potential for the model in all 30 of those brands.
Ritz-Carlton China releases six trends on next-gen luxury travel preferences insight report
11/19/2021
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3:19:18 PM
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The Ritz-Carlton is attracting younger guests, with the next-gen segment making up over 50% of check-ins at hotels.
Radisson accelerates growth in Eastern and Southeastern Europe
09/22/2023
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2:37:49 PM
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Its portfolio in the region has grown to 85 hotels in operation and under development with 16,600 rooms.
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