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Search results for “soft brand”
Huazhu net revenue increases by 10.4% to US$427 million in Q3
11/13/2019
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9:40:27 AM
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Hotel turnover increased by 19% to RMB10 billion. Net revenues from leased and owned hotels were RMB2.1 billion, representing a 1.8% year-over-year increase.
What does OYO mean for the Chinese hotel industry?
09/04/2019
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6:39:38 PM
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The standalone hotels that are hidden below the iceberg present a trillion-RMB market experiencing consumption upgrade.
BTG Homeinns targets 4500 hotels by the end of 2019
08/29/2019
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4:46:16 PM
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The expansion plan is being led by mid-scale hotels. In addition to this, BTG Homeinns is working closely with Hyatt Hotels to open their first UrCove hotel in 2020.
Fosun Tourism's half-year revenues rise 35.9% to RMB 9,062.7 million
08/19/2019
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3:00:26 PM
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Resorts and destination operations revenue increased by 12.1% to RMB6,052.0 million for the six months ended 30 June 2019.
Marriott jumps into all-inclusive resorts with Ritz-Carlton deal
08/06/2019
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5:52:37 PM
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Marriott announced plans for two new resorts that will cost more than $800 million combined to build.
Huazhu Group closes 60 hotels in Q1
05/28/2019
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9:22:59 AM
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Huazhu CEO Jenny Zhang said it had developed slightly different distribution approaches and fee structure to be more flexible in accommodating needs of independent hotels.
Huazhu launches shared booking platform Yisu for independent hotels
04/23/2019
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4:59:28 PM
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In the first year of its operation in 2019, Yisu will provide direct sales channels to soft brand stores and it will charge no commissions as its goal is not to make a short-term profit.
Huazhu net revenue rises 14.2% to $356 million in Q1
05/23/2019
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7:31:53 AM
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Hotel turnover increased 17% to RMB7.2 billion. Net revenues from manachised and franchised hotel were RMB1.7 billion (US$257 million), representing a 15.2% year-over-year increase.
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