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Search results for “luxury hotel brand”
IHG Greater China CEO: Covid-19 drives more independent hotels to join chains
07/09/2020
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10:41:56 AM
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As of March 31, IHG has opened 475 hotels in Greater China, three quarters of which are located in second- or lower-tier cities.
Japan to reopen business travel; Airbnb resumes battle in China | Daily Brief
07/10/2020
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7:16:58 AM
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Japan intends to begin talks on resuming business flights with 10 economies including China; American Airlines and United Airlines have both suspended flights to Hong Kong again.
China's key to airline recovery in East Asia; Visitor arrivals in Korea drop 99% | Daily Brief
07/18/2020
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11:34:08 AM
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Huazhu subsidiary Deutsche Hospitality unveils "H Rewards" loyalty benefits; Air France-KLM adds China flights after France intervenes.
Deutsche Hospitality accounts for 25% of Huazhu's total revenues in 2019
05/05/2020
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4:38:46 PM
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Huazhu Group scheduled to issue a shareholder loan of EUR 20 million to Deutsche Hospitality with a term of 12 months.
Hotel firm GreenTree expects a 30%-35% drop in Q1 revenue
04/14/2020
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9:35:51 PM
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Due to the impact of COVID-19, the company may record a decline in total revenues of 10%-15% for the full year 2020.
Hotel guests must show test results; Brands press ahead with Asia expansions | Daily Brief
04/14/2020
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11:50:30 PM
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New York-listed Chinese hotel firm expects revenue to decline by 30%-35% in Q1; Tourist attractions are only allowed to run up to 30% of full capacity.
Travel companies turn to live streaming and advance purchase for recovery
04/13/2020
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2:43:20 PM
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Advance purchases may not be just a provisional measure during epidemic but a regular project that will stay.
Marriott sees $25M impact; Expedia global layoffs cost up to $130M | Daily Brief
02/27/2020
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10:01:43 AM
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Expedia has kicked off its global lay-off this week in Hong Kong and Singapore; Sabre said the outbreak could cost a USD 100-150 million loss in first-quarter revenue.
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