Search results for “China hotel”
China's hotel occupancy recovers faster than rest of world
12/31/2020|2:22:24 PM|
The weekly occupancy rate of the hotels in China was 61.7% as of the end of November, followed by Middle East (51%) and United States (35.7%).
China hotels show slight lift during Lunar New Year holiday
03/02/2021|3:40:53 PM|
Daily occupancy in the market sat in the 30% range for most of the festival period Feb 11-17 then rose to as high as 37.6% on Feb 20.
China is much closer to recovering hotel ADR than Europe, US
12/22/2020|12:28:07 PM|
Supply growth in China slowed this year even after demand improved toward pre-pandemic levels. Europe and the U.S. will likely experience a similar trend.
TikTok's China app pilots group-buying function, targeting restaurant/hotel offerings
03/03/2021|10:37:37 AM|
This is similar to the in-shop group-buying service launched by Meituan.
Deutsche Hospitality to expand in China with two Steigenberger hotels
12/15/2020|11:54:10 AM|
Deutsche Hospitality’s expansion into China represents a strategic milestone in the cooperation between the group and its shareholder Huazhu.
China, US may lift travel restriction in Aug; Luxury hotelier eyes SPAC listing | Daily Brief
03/02/2021|6:14:00 PM|
Macao gambling revenue spikes 136% in February; China not ready to allow the Boeing 737 Max back in the air.
Upscale hotel chain expects profit drop; China's No. 4 airline to draw new investors | Daily Brief
02/03/2021|6:13:14 AM|
Club Med owner Fosun Tourism expects annual loss of up to $410 million; Chinese airlines’ income for the festival travel may rush down 60%-70%.
Deutsche Hospitality plans Steigenberger hotel in southwestern China
02/03/2021|4:12:44 PM|
The latest move means that the hotel group's portfolio will be gaining an attractive destination in the South-West of the country.
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