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Search results for “pipeline”
China continues flight control; Huazhu restructures for global ambition | Daily Brief
05/20/2020
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11:57:56 PM
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Despite reports of restoration, China’s air transportation system is not likely to fully recover for at least another two years; Hong Kong airport sees 99.5% passenger traffic drop in April.
Hotel firm GreenTree expects a 30%-35% drop in Q1 revenue
04/14/2020
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9:35:51 PM
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Due to the impact of COVID-19, the company may record a decline in total revenues of 10%-15% for the full year 2020.
International hotel groups gradually resume full operations in China
05/11/2020
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6:50:06 PM
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Reopening all our hotels in the Chinese mainland is the first step in a measured global recovery process.
Huazhu's net revenue rises 8.5%, same-hotel RevPAR down by 5.4%
03/27/2020
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8:19:48 AM
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Huazhu is expected to close 350-450 hotels, including planned closure of 300-350 hotels and special closure of 50-100 hotels impacted by COVID-19.
easyHotel raises £11 million to expand in Europe market
03/09/2020
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8:19:15 PM
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easyHotel has opened six new owned and franchised hotels during the year, totaling 607 rooms.
Marriot's RevPAR in Greater China drops 90% in February
02/28/2020
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8:49:40 PM
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Marriott estimates to earn $25 million less in monthly fee revenue, compared to its 2020 base-case outlook.
Trip.com Group expects revenue to drop 45%-50% amid COVID-19 outbreak
03/19/2020
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7:25:49 AM
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Net revenue grew 15% to USD 5.1 billion for the year.
Global hotel industry to be more brand-heavy in 2025
02/07/2020
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5:13:16 PM
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More soft brands will be added in the developing world, or regions such as the U.S., Europe and some parts of Asia.
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