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Search results for “occupancy”
Travel won’t fully recover this year — but it will get close
06/01/2023
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8:30:00 AM
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The sector is forecast to reach $9.5 trillion in 2023, just 5% shy of its gross domestic product contribution in 2019.
An encouraging week for many airlines - then a bubble burst and an outbreak occurs!
07/09/2021
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4:59:02 PM
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Despite the roller coaster of a recovery there is a clear trend of capacity growth around the globe despite the continued lockdowns in some major country markets and the most recent Covid-19 spikes.
Hotel occupancy, investment in Japan hinge on Summer Olympics
03/19/2021
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5:18:18 PM
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One major problem is the near-total absence of international travelers, although occupancy on the books is high around the rescheduled dates for the Olympics.
IHG reports occupancy growth in Greater China and CEO is confident about sustained growth
05/07/2021
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8:13:07 PM
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RevPAR in Greater China was down 37.7% vs 2019, and up 78.2% vs 2020.
Hilton reports 54.5% revenue decrease in Q1, sees occupancy rise only in Asia
05/05/2021
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11:07:21 PM
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The RevPAR in Asia was USD 42.7, down by 6.6% year-on-year.
China's Wanda Hotel to open up to 35 hotels in 2023 despite profit drop
04/03/2023
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1:54:16 PM
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Wanda Hotel managed more than 120 hotels and nearly 28,660 guest rooms as of Dec. 31, 2022.
Alibaba reorganizes into 6 units; Club Med owner says resort is ‘not for sale’ | Daily Brief
03/29/2023
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11:21:40 PM
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Meituan co-founder acquires AI startup; Hong Kong’s travel industry council builds new B2B platform.
MGM China expecting near full occupancy during May Golden Week on high-end demand
04/29/2021
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10:34:10 AM
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MGM China anticipates full bookings at its Macau integrated resorts, MGM Macau and MGM China.
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