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Search results for “pipeline”
Marriott reports a net loss of $234 million for Q2, with Greater China leading the recovery
08/11/2020
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12:25:55 AM
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Worldwide RevPAR has climbed steadily since its low point of down 90% for the month of April, to a decline of 70% for the month of July.
SAP Concur partners with eHi; Fosun set to lose Cirque du Soleil stake | Daily Brief
08/20/2020
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11:51:51 PM
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Cathay Pacific's passenger numbers show improvement in July; Marriott opens 800th property in Asia Pacific.
Chinese hotel group GreenTree has a net income of $13.3 million in Q2
08/14/2020
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11:08:06 AM
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The average daily room rate for all hotels in operation was RMB142, a decrease of 17.4% year-over-year.
Hilton’s revenue plunges 77% in Q2 but sees growth opportunities in China
08/06/2020
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11:39:32 PM
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In Asia-Pacific, performance is largely driven by rebounds in both leisure and business transient travel in China, where occupancy is more than 60%.
IHG is the second-largest globally branded hotel company in China
04/04/2019
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9:21:47 AM
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In 2018, IHG increased its Greater China system size to 391 open hotels (115,000 rooms) and 142 signings for 29,000 rooms, taking the pipeline for the region to 341 hotels and 78,000 rooms.
IHG Greater China CEO: Covid-19 drives more independent hotels to join chains
07/09/2020
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10:41:56 AM
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As of March 31, IHG has opened 475 hotels in Greater China, three quarters of which are located in second- or lower-tier cities.
Airbnb China appoints COO; Disney to cut jobs in Hong Kong | Weekly Review
07/06/2020
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10:21:41 AM
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Over 40,000 hotels in China closed down in the first half of 2020; China's air passenger volume dropped 56.54% in January-May.
Airbnb China appoints COO; IHG brings voco brand to China | Daily Brief
07/01/2020
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12:17:15 AM
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Disney is to cut a significant number of jobs in Hong Kong over the coming months; Trip.com Group to sell trips to South Korea in live streaming show.
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