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Search results for “occupancy”
China’s top economic planner to boost holiday consumption amid COVID flare-ups
01/17/2022
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2:06:04 PM
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More than 10.5 million train seats will be provided each day during the Spring Festival travel rush, up over 10% compared with 2019.
Huazhu Group net loss narrows for the third quarter of 2021
11/25/2021
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2:51:50 PM
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The occupancy rate for all Legacy-Huazhu hotels in operation was 71.9% in the third quarter of 2021, a decrease of 10 percentage points from the same period of 2020.
Macao casinos report strong bookings for golden week
09/16/2020
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5:38:59 PM
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Of the five-star segment, the resorts were reporting an average occupancy rate of 80% for the Golden Week period.
Shifts in marketing department expenditures reveals changes in tactics during recession
11/17/2021
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3:47:15 PM
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Despite rising levels of revenue, sales and marketing department expenditures are still on the decline for most of the property types.
Travelers are flocking to Airbnb, Vrbo more than hotels during COVID-19 pandemic. But why?
09/01/2020
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8:19:13 PM
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The average length of a guest stay has ticked up 58% during the pandemic.
Greater China hotels sector well-positioned to lead APAC recovery
08/31/2020
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5:17:20 PM
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Owners and investors are now reimagining business models and guest experiences to capture traveler rebound.
4 post-pandemic opportunities for extended-stay hotels
10/28/2021
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2:38:49 PM
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With every crisis comes the opportunity to learn, move forward and thrive.
Travel bug: Why tourism in Asia will never be the same
08/31/2020
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2:01:56 PM
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The free-spending foreign travelers that once buoyed the economic future of much of Asia could well be a thing of the past.
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