The company’s digital solutions helped some merchants triple or quadruple their transaction values in WeChat.
Autonomous vehicle tech firm Momenta raises $500M; Guangdong removes 7-day home quarantine for inbound arrivals.
The joint venture company, named Yongle Huazhu Hotel & Resort Group, is formed with a total registered capital of RMB 50 million.
Hyatt increases footprint in Asia Pacific; Trip.com Group mimicks partner Tripadvisor with new content offerings.
Home2 Suites saw the most supply growth industrywide of any brand in the U.S. last year, with nearly 80 openings.
JLL expects hotel revenues to reach between 70 and 80% of pre-pandemic levels by the end of this year.
The average long-lease occupancy at Dash’s own properties was more than 90% throughout the pandemic.
Money keeps coming into short-term rental industry, but so few funded companies reach sustainable profitability.
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