Search results for “room nights”
Huazhu Group targets lifestyle market opportunities
05/27/2021|11:12:05 AM|
The Chinese hotel company believes its expansion in the lifestyle segment, both via organic and inorganic routes, plus excellent RevPAR growth in lower-tier cities is a positive sign for the group.
Expedia posts a net loss of $581 million in Q1, with leisure travel leading the recovery
05/07/2021|8:49:11 AM|
For the first quarter of 2021, total gross bookings decreased 14%, with lodging bookings experiencing year-over-year growth in the first quarter.
Decoding travel demand in China’s 1.4 billion population; Shanghai Disney sees rising revisit numbers | Weekly Review
05/24/2021|8:29:20 AM|
China gearing up for international travel; Fosun unit sets up firm to invest in airline.
Online travel company Tongcheng-Elong reports 61% rise in Q1 revenue
05/17/2021|4:56:19 PM|
Monthly active users increased by 57.8% year-to-year to 234.2 million.
Booking Holdings loses over $100 million in Trip.com equity sales
05/08/2020|7:39:44 AM|
The company reported a net loss of USD 699 million in the first quarter.
Booking reports a net loss of $55 million but a 62% increase in air tickets
05/06/2021|8:19:58 AM|
Total revenues for the quarter dropped by 50% year-on-year.
Elong Hotel debuts in Shanghai, forming a new OTA-hotel relationship
04/26/2021|11:34:59 AM|
Elong Hotel has signed up 62 properties for its four brands, most of them are franchised hotels in lower-tier cities in eastern, southern and central China.
Chinese hotel giant Huazhu reaps 15% of annual revenue from overseas unit
04/25/2021|5:55:27 PM|
As of last year, Huazhu still held USD 897 million worth of investments in companies including Accor (USD 593 million) and OYO (USD 10 million).
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