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Search results for “soft-brand hotel”
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 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.
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.
Radisson execs see Chinese inroads with owner Jin Jiang
04/12/2019
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12:00:00 AM
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From a system compatibility view, the 150 million members of Jin Jiang plus the 22 million on the RHG side is a huge exercise.”
Why do hotel companies have so many brands?
03/12/2019
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5:14:10 PM
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Hotel brands do matter. But they matter more to hotel owners than to hotel customers.
OYO China CFO: We’ll have clear models for hotel operation and profitability
03/04/2019
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8:57:29 AM
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"We know that speed, manpower efficiency and scalability are equally important. What’s not going to happen this year is that we will only manage to keep 5,000 of the 10,000 hotels we signed in 2018."
China's hotel group Huazhu CEO teases launch of new brand
03/20/2019
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9:49:21 AM
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Huazhu Group’s CEO discussed a new hotel turnover metric as well as plans to launch a new brand in the next few weeks.
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