Home> Marketing

China’s star-rated hotels report Q1 revenue at ￥48.711 billion

In Q1, the average room rate (ARR) of all star-rated hotels was RMB 343.13 per room night, average occupancy rate (AOR) was 50.55% (+0.35pp), and revenue per available room (RevPAR) was RMB 173.45 (1.77%).

08/23/2018|8:22:33 AM|ChinaTravelNews

Rural tourism marketer Xiangyou unlocks million-yuan seed round

Xiangyou launched full-service marketing solutions for players in rural tourism industry, helping them adopt operation strategies featuring new media, e-commerce and integrated marketing.

08/22/2018|5:13:12 PM|ChinaTravelNews

Alibaba-invested Shiji expands to US, opens overseas office in Atlanta

The hotel tech firm continues its international growth with new product and service launches.

08/21/2018|8:30:44 PM|Hospitalitynet

Ctrip records $10m offline daily sales, Alibaba invests in FunNow, and more

Huazhu acquired 71.2% shares of Blossom Hill for RMB 462.9 million; OYO signed 400 hotels and 25,000 rooms in China last month alone; travel service firm KLOOK raised $200 million.

08/19/2018|3:54:23 PM|ChinaTravelNews

Economy hotels form 87.3% of China’s accommodation supply in 2017

By the end of 2017, China registered 457,834 accommodation facilities and 16,770,394 guest rooms. About 69% of them were hotels and 31% were alternative accommodations.

08/16/2018|8:33:13 AM|ChinaTravelNews

China’s cruise industry projected to create 460 billion yuan by 2035

Asia’s cruise market is sailing into a golden era, powered by significant growth in China. By 2035, China’s cruise industry is projected to generate 460 billion yuan in revenue.

08/10/2018|9:19:56 AM|ChinaTravelNews

Ctrip offline stores reap $10.24 million sales in a single day

James Liang, Ctrip's co-founder and executive chairman, said that there is still huge potential for offline stores in smaller cities and that Ctrip will grow its presence in third- and fourth-tier cities.

08/08/2018|5:38:58 PM|ChinaTravelNews

China finds India’s OYO add 25,000 guest rooms in a month

In July alone, OYO Rooms signed about 400 franchisees and added more than 25,000 rooms in China.

08/08/2018|8:56:14 AM|ChinaTravelNews
21 22 23 24 25 26 27 28 29 30
READ MORE

MOST POPULAR

1

Trip.com Group’s Trip.Biz acquires European TMC Key Travel

2

How Xiaohongshu is driving new growth in the cultural and tourism industry?

3

Chinese tourists cut spending in Japan, hurting luxury sales

4

Why Beijing’s hotel profits plunged 92.9%?

5

2025 TravelDaily Conference: What’s on the global travel industry’s mind?

©2025 广州力矩资讯科技有限公司 粤ICP备06070077号
Tell us more about yourself!