In Q4 2018, the ARR of China’s star-rated hotels was 356.34 yuan per room night, up by 1.17%; the AOR was 57.43%, down by 0.50% and RevPAR was 204.63 yuan, up by 0.66%.
Argentina is banking on the old adage of a man's heart is through his stomach to attract more Chinese tourism, and the strategy is part of "Hilton Huanying" program.
RedDoorz has operations in more than 80 cities in Singapore, Indonesia, the Philippines and Vietnam and operates more than 1,200 budget hotels and properties.
A key question remains whether it is better to launch a dedicated brand in China, or adapt a chain’s existing brands to the local market.
Soft brands will only continue to grow in favor with consumers, developers and brand companies alike.
Although 60% of guests would like to purchase ancillary services during their stay, there are still a significant number of guests who mention that the services offered were not relevant to them.
RevPar increased a modest 1.4 percent compared to the year before, as U.S. trade tensions with China dampened both corporate bookings in the U.S. and leisure travel in Asia Pacific.
In London, research showed 47% savings when booking with Airbnb compared to hotels. Other cities such as Oslo, Milan, Paris, Tokyo, Hong Kong, Rome and more showed a saving rate of over 50%.
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