Meituan saw 17% decline in hotel room nights in Q2; Movie Hotel raised over $25 million to create hybrid experience.
Hotel business continued to be significantly affected by the pandemic, with the number of domestic room nights consumed in the second quarter decreasing by 17% to 78 million.
Accor CEO Sébastien Bazin had created a team to look at a merger in early June.
More than 300 properties have signed up for this private-cinema-hotel idea.
It’s a signal that the days of the largest corporations in the world being free to mishandle sensitive consumer data with impunity are numbered.
China’s occupancy was the lowest for a July since the global financial crisis.
Cathay Pacific's passenger numbers show improvement in July; Marriott opens 800th property in Asia Pacific.
The InterContinental Beijing Beichen has also gained the status Paralympic Family Hotel.
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