Search results for “Franchise Hotel”
Lifestyle hotel group to raise $300M; China keeps border closed till next year | Weekly Review
06/27/2021|12:18:28 AM|
Tencent founds digital inflight company; Cathay looks at ‘Amazon concept’.
Huazhu Group aims to be bigger, gears up for a brighter future
03/30/2021|10:44:56 AM|
The Chinese hotel company has carved out its strategic focus for 2021, built on property expansion, strengthening bonds with existing and new customers, both backed up astute data strategy and digitization project.
Hotel group Huazhu pares loss and expects revenues to rise 87%-89% in Q2
05/25/2021|11:34:28 PM|
Net revenues increased 15.6% year-over-year to USD 355 million for the first quarter.
Huazhu Group targets lifestyle market opportunities
05/27/2021|11:12:05 AM|
The Chinese hotel company believes its expansion in the lifestyle segment, both via organic and inorganic routes, plus excellent RevPAR growth in lower-tier cities is a positive sign for the group.
China’s OTAs and hotel groups are launching more hotel brands to meet diverse demands
04/30/2021|7:15:25 PM|
Competitions in new fields and changes in business strategies are catalyzing the launch of new brands.
Elong Hotel debuts in Shanghai, forming a new OTA-hotel relationship
04/26/2021|11:34:59 AM|
Elong Hotel has signed up 62 properties for its four brands, most of them are franchised hotels in lower-tier cities in eastern, southern and central China.
OTA-invested bank to double customer base; Japan Airlines to consolidate Spring Airlines unit | Daily Brief
04/26/2021|6:09:55 PM|
Vaccine travel rules widen rift between China and the West; China investigates Meituan for suspected monopolistic practices.
Smart hotel solution provider Xiezhu receives USD 45.6 million in Series B financing
03/31/2021|12:17:21 PM|
The proceeds will be used for product R&D, market expansion and customer service.
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