Search results for “China hotel”
Home-sharing in China suffers 72.1% drop; Hotel giant changes directors | Daily Brief
China's home rental market saw a 72.1% decline in transaction volume in January-May; 45% of the APAC respondents expect to travel within the next 6 months.
IHG Greater China CEO: Covid-19 drives more independent hotels to join chains
As of March 31, IHG has opened 475 hotels in Greater China, three quarters of which are located in second- or lower-tier cities.
Wyndham Hotel merges its China unit into Asia Pacific to cut expenses
As of the end of 2019, the company had 154,600 hotel rooms in the Greater China region, but that only contributed 3% of Wyndham's royalties in the year.
Upscale hospitality group New Century projects 80%-90% less profit
In the second half of 2020, the hotel chain's occupancy rate and RevPAR were significantly improved.
More than 40,000 hotels in China closed down in the first half of 2020
In June alone, some 15,000 hotel companies had gone under.
EU exempts China from travel ban; Indian hotels banning Chinese guests | Daily Brief
Hilton plans to build more than 1,000 Home2 Suites in China; Chinese hotels are in desperate need of strategies to compete with Western chains.
Thousands of hotels in China have closed since COVID-19
The number of hotel-related new company registrations hit a five-year bottom in the first quarter in 2020, down by 38% from last year.
China Southern Airlines launches NDC sales on social e-commerce site Pinduoduo
Apart from ticket sales, China Southern Airlines plans to explore new business models in innovative products and joint marketing on Pinduoduo.
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