Search results for “room rate”
Huazhu restructures for global plan; Trip.com Group buys Dutch OTA | Weekly Review
05/23/2020|9:22:05 PM|
OYO has finally appointed a CEO for its China unit; The world's top 50 hotel brands are losing USD 14 billion in value.
Alibaba-invested repricing startup Hotelmize eyes expansion in China and Asia
04/29/2020|9:56:10 AM|
While saving costs for travel companies means cutting hotels’ profits, Hotelmize said hotels will need to improve pricing methods.
Hong Kong regulator accepts OTA giants' pledge to drop rate parity
05/14/2020|2:38:21 PM|
Booking.com, Expedia and Trip.com Group have vowed to remove their rate-parity contract terms with accommodation providers in Hong Kong.
Investors offload stakes in Chinese OTA; Global hotel chains recover in China | Weekly Review
05/09/2020|11:15:38 PM|
Booking loses $130 million in the sale of its Trip.com Group stake; Shanghai Disney theme park will reopen on May 11.
Hotel firm GreenTree expects a 30%-35% drop in Q1 revenue
04/14/2020|9:35:51 PM|
Due to the impact of COVID-19, the company may record a decline in total revenues of 10%-15% for the full year 2020.
Chinese hotel giant Huazhu offloads partial stake in Accor last year
04/25/2020|8:22:54 PM|
Same-hotel RevPAR growth continued to slow down in 2018-2019, reflecting oversupply in hotel market and intensified competition in greater accommodation industry with alternative lodging.
Booking loses $130M in selling Trip.com stake; Hyatt occupancy rises in China | Daily Brief
05/09/2020|12:19:14 AM|
45% of Chinese travelers plan to visit Vietnam this year; Hyatt Hotels' occupancy in Greater China have gradually improved.
Travel companies turn to live streaming and advance purchase for recovery
04/13/2020|2:43:20 PM|
Advance purchases may not be just a provisional measure during epidemic but a regular project that will stay.
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