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Search results for “occupancy”
Marriott hits profit setback due to delta variant
11/04/2021
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1:52:41 PM
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Marriott reported a USD 220 million profit for the third quarter, a drop from the USD 422 million profit seen in the second quarter.
IHG posts Q3 results, group RevPAR down 21% vs 2019
10/25/2021
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6:30:55 PM
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Increases in Covid-19 cases and the reintroduction of temporary restrictions resulted in RevPAR weakening to a 55% decline in August in Greater China.
Asia Pacific hotel performance for July 2020
08/21/2020
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11:26:30 AM
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China’s occupancy was the lowest for a July since the global financial crisis.
Huazhu Group reports 18% RevPAR decline from pre-pandemic level
10/28/2021
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12:57:38 PM
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The blended RevPAR of Legacy-Huazhu during the Golden Week recovered to only approximately 82% of the 2019 level.
2021 global airline capacity finished at 5.7 billion, 35% down on pre-Covid levels
01/07/2022
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1:19:00 PM
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Total capacity in January is currently 50% above last year’s level, 366.4 million compared to 246.5 million last year.
GreenTree Hospitality net income drops 14% in Q2
11/16/2021
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6:44:58 PM
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The occupancy rate for all hotels in operation was 78.6%, an increase of 15.2 percentage points compared with the second quarter of 2020.
Ritz-Carlton China releases six trends on next-gen luxury travel preferences insight report
11/19/2021
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3:19:18 PM
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The Ritz-Carlton is attracting younger guests, with the next-gen segment making up over 50% of check-ins at hotels.
Trip.com releases 2022 New Year’s Day holiday travel report
01/05/2022
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12:05:18 PM
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The number of short-distance trips increased by 238% compared with New Year’s Day in 2020.
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