Search results for “occupancy rate”
Huazhu Hotels reports 85% occupancy and 207 new hotels in Q2 2015 report
08/18/2015|10:31:38 AM|
China Lodging Group added 207 hotels had 85.8% occupancy rate while net revenues increased 16.9% to RMB1.46 billion in Q2 2015.
Pioneer Global to buy Intercontinental HK in US$938 million deal
09/10/2015|4:04:16 PM|
Pioneer Global will join hands with Gateway Capital to invest US$938 million to acquire the Intercontinental Hong Kong.
Chinese outbound travel – OTAs figure prominently in hotel distribution mix
08/27/2015|6:07:31 PM|
For hotel companies targeting Chinese outbound travel segment, the reliance on OTAs is important at this juncture.
Homeinns Hotel refuses to slow down in a taxing environment
08/13/2015|6:16:53 PM|
Q2 proved to be yet another tough quarter for Homeinns. But it is focused on strengthening its customer base via mobile and expansion of mid-scale portfolio.
Spring Airlines dabbles in hotel industry with Japanese airport hotel plan
07/28/2015|2:34:35 PM|
Spring Airlines will build a hotel at the Centrair Airport, Japan. The planned hotel will have 250-300 rooms and 14 floors and will open in 2016 or 2017.
Plateno Group aims to have 4,500 7Days hotels by 2018
06/05/2015|9:56:21 AM|
Plateno Group will expand the coverage of its 7Days Inn brand to 4,500 hotels of the brand in all Chinese cities and towns in three years.
Homeinns Hotel Group leaves its comfort zone, targets mid-scale segment
05/15/2015|10:55:00 PM|
Despite facing its toughest quarter since Homeinns was established in 2002, the group is hopeful of building on its positive metrics from Q1
Chinese hotel groups get ready for new battles
05/15/2015|10:51:45 PM|
Chinese hotels are under pressure, with wobbling RevPAR adversely impacting the overall profitability in Q1.
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