Search results for “monthly rate”
Online travel giants Meituan, Tongcheng actively invest in hotel groups
01/07/2021|3:58:30 PM|
Chinese OTAs have a long history of buying into their hotel partners.
Hong Kong bans flights from UK; China's first Legoland park breaks ground | Daily Brief
12/23/2020|6:23:53 AM|
China is much closer to recovering hotel ADR than Europe, US; China Eastern works with Juneyao Airlines, China Telecom to offer in-flight Wi-Fi.
China among top themes in travel sector as recovery beckons
12/17/2020|2:42:30 PM|
China’s domestic travel recovery caused Hyatt, Hilton and Mariott to experience an occupancy upswing.
Chinese travel platform Mafengwo’s report sheds light on night tourism trends
12/16/2020|2:51:13 PM|
More than 72% of the Post-95s tourists made special plans for night tours.
Huazhu Group posts better-than-expected revenue growth in Q3
12/04/2020|8:37:54 PM|
Huazhu expects net revenues to grow by 0%-3% year-over-year for the fourth quarter.
Huazhu Group gears up for expansion in lower-tier cities
12/09/2020|11:31:23 AM|
The Chinese multi-brand hotel group mentioned that tier-3 and below cities accounted for 50% of the total pipeline at the end of October. The plan is to establish both middle-scale and economy brands in these places.
Tongcheng-elong’s CEO throws light on effective recovery strategy in Q3
11/28/2020|8:52:19 PM|
The company is looking at cost-effective traffic sources, especially in lower-tier cities, and banking on technological innovations going forward. The plan is to have 200 million annual paying users by 2021.
GreenTree Hospitality registers 8.6% drop in revenues for Q3
12/03/2020|5:19:38 PM|
RevPAR was down by 19.8% year-over-year.
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