Search results for “non-room revenue”
Huazhu plans to open 750-800 new hotels in 2016
03/11/2016|10:17:03 PM|
Chinese multi-brand hotel group Huazhu plans to open 750-800 new hotels in 2016, with 80% for economy hotels and 20% for midscale and upscale ones, and manachised and franchised hotels continue to be the vast majority in the run.
Priceline reports financial results for Q4 and FY2015
02/17/2016|10:08:34 PM|
Priceline Group today reported its 4th quarter and full-year 2015 financial results with fourth quarter gross travel bookings increasing by 13% YoY to $12.0 billion and gross profit increasing by 12% YoY to $1.9 billion for Q4.
Foreign OTAs – can they challenge the likes of Ctrip and Qunar?
01/29/2016|10:02:43 AM|
Domestic OTAs have been engaged in a cut-throat battle over the past few years. Foreign OTAs have room for growth, but they need to move assiduously.
The game of hotel contracting – are foreign OTAs playing it right?
01/30/2016|11:43:47 AM|
Domestic OTAs have massive lead over their counterparts from abroad in hotel business, be in terms of geographical coverage, number of properties, and volume of business.
Ctrip eyes new milestones: 1 trillion RMB in GMV by 2020
01/18/2016|4:28:16 PM|
After signing a spate of deals in 2015, Ctrip is eyeing a better grip of the Chinese travel e-commerce business, a complex, fragmented marketplace.
Time for hotels to dig deeper post consolidation among OTAs
12/22/2015|3:33:41 PM|
2015 witnessed heavy consolidation in the OTA space in China. So what needs to be done by hotels to balance out their distribution mix?
Making an up-sell click seamlessly, rather than blatantly selling it
11/24/2015|6:18:01 PM|
Up-selling training to a property’s front desk team members, backed up by an astute data strategy, is key to incremental revenue and stepping up loyalty.
eLong reports 94% growth in domestic hotel network in Q3 2015
11/19/2015|2:08:43 PM|
Net revenues for the third quarter increased 2% to RMB307.2 million (US$48.3 million), compared to RMB301.5 million in the third quarter of 2014.
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