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Hotel giant H World Group changes CFO

09/04/2024|4:22:58 PM|

New CFO has joined the company for ten years.

Chinese tourists shift shopping spree from South Korea to Japan

09/04/2024|3:51:45 PM|

In 2023, South Korea's duty-free business revenue was still lower than in 2020.

Meituan believes it now has even a bigger say in hotel bookings

03/28/2022|12:07:15 PM|

CEO Xing Wang pointed out that the team has “cultivated consumer mindshare of Meituan as the go-to platform for hotel reservations”.

Corporate and retail sectors reveal Atour's strategic edge in Q2

09/02/2024|4:29:03 PM|

Atour has emerged as a frontrunner in corporate-deal room nights among domestic rivals.

Huazhu strengthens its presence in 200 new cities in China

03/24/2022|10:35:26 PM|

From 865 cities in 2020 to the future target of 2200, the hotel company’s aggressive expansion is being demonstrated by sharply rising city coverage.

Trip.com Group reports 70% rise in Q1 international OTA platform revenue

08/27/2024|2:39:23 PM|

Net revenue for the second quarter grew by 14% year over year.

International hotel performance drops in China: Is business travel to blame?

08/23/2024|12:18:16 PM|

Business demand accounts for approximately 60% of hotel stays, while leisure demand makes up the remaining 40%.

Chinese hotel giant H World sees Q2 RevPAR down by 2%

08/21/2024|12:40:43 PM|

There are 10,286 hotels or 1,001,865 hotel rooms in operation as of June 30, 2024.

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