Once a new revenue stream has been added, the business line won’t stop even after the pandemic.
Michelin Guide Shanghai 2020 unveiled; Hong Kong-Singapore travel bubble has one flight a day.
China could emerge as main tourist source market for Kenya post-COVID-19; IHG hotel occupancy improves to 57% in China.
A full industry recovery will take time and uncertainty remains regarding the potential for further improvement in the short term.
China's third-quarter RevPAR was down 29.4% year over year, and for September was down just 16.8% year over year.
Hong Kong-Singapore travel bubble has one flight a day; Universal Beijing Resort unveils new theme park details.
The ten "7 Days Premium" hotels that Louvre Hotels Group acquired were in two- and three-star segments.
Occupancy was up nearly 3%, daily rates up almost 10%, and revenue per room up more than 13%.
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