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Search results for “midscale hotel”
Growth of mobile presents challenge & opportunity for hotels
07/14/2017
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1:13:46 PM
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As mobile usage becomes increasingly ubiquitous for guests, it remains to be seen whether this can improve the guest experience for hotels or divert their guests to OTA booking.
Accor presses fast-forward on luxury transformation
02/26/2020
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5:37:20 PM
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Accor has moved from a European-focused, asset heavy, midscale/economy hotel company to something quite different.
Wyndham buys AmericInn hotel chain for $170 million
07/19/2017
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4:48:05 PM
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AmericInn will become Wyndham’s 20th hotel brand. It has 200 mostly franchised hotels comprising 11,600 rooms in 21 states throughout the US.
China Lodging's net revenues grow 10.8% in Q1 2017
05/11/2017
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7:36:20 AM
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China Lodging Group posted net revenues of USD 231.4 million in the first quarter of 2017, up by 10.8% YoY. Net income attributable to company rose from RMB 69.4 million in Q1 2016 to RMB 148.1 million (USD 21.5 million).
BTG Hotels boosts operating revenue by 389.40% in 2016
04/11/2017
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10:27:20 AM
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BTG Hotels saw net profit in 2016 surge 110.66% YoY to RMB 210 million. Most of the company’s hotels are in the budget range, and only 9.32% hotels in upper midscale category.
Mobile search rates for hotels reach huge level
03/10/2017
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7:01:28 PM
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Mobile searches for budget hotels outweigh those for luxury properties – but the latter is growing fast.
Huazhu: occupancy rate at 86.9%, net revenue to rise 13%-15% in Q2
07/17/2019
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11:41:28 AM
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Same-hotel operational data for midscale and upscale hotels dropped during the quarter.
China Lodging Group grows robustly in mid- and up-scale RevPAR
08/16/2016
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9:22:10 PM
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Occupancy rate was 85.2% in Q2 2016, compared with 85.8% in Q2 2015. The slight decrease was due to lower occupancy in lower-tier cities.
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