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Search results for “mixed rate”
Huazhu net revenue increases by 13.4% to US$417 million in Q2
08/22/2019
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9:09:12 AM
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Hotel turnover increased by 18% to RMB8.8 billion. Net revenues from manachised and franchised hotels were RMB803 million (US$117 million), representing a 30.4% year-over-year increase.
Foreign hotels open to diversifying distribution mix in China
07/30/2019
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6:13:44 PM
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Mini programs on Taobao, shopping links on Douyin…the new developments exemplify how exciting is China's ever-evolving e-commerce. And foreign hotel companies are increasingly trying to be a part of that.
Cendyn adds revenue management tools with acquisition of Rainmaker
08/02/2019
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11:08:48 AM
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The acquisition is a good fit because it provides hoteliers the capabilities to now align their marketing, sales and revenue strategies so they have a “single version of truth” about their guests to drive better performance.
Huazhu net revenue rises 14.2% to $356 million in Q1
05/23/2019
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7:31:53 AM
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Hotel turnover increased 17% to RMB7.2 billion. Net revenues from manachised and franchised hotel were RMB1.7 billion (US$257 million), representing a 15.2% year-over-year increase.
Cancellation rate at 40% as OTAs push free change policy
04/24/2019
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3:33:38 PM
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The average cancelation rate in 2014 was 32.9% and increased to 39.6% in 2018. It reached a high of 41.3% in 2017.
Spotlight on: the rise of poshtels
04/23/2019
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12:04:13 AM
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And although younger generations are driving the evolution, the demographic of poshtel bookers is diverse.
Guiddoo set to introduce new domain to woo travel agents in China
04/21/2019
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1:50:53 PM
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The launch of Guiddoocn.com in the next couple of weeks will deliver 5,000-plus excursions at destinations for booking by small and medium travel agents across China.
Travel activity platform GetYourGuide raised €500M led by SoftBank
04/29/2019
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10:49:31 AM
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GetYourGuide is valued at €1.6 billion in the latest funding round.
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