Search results for “Q1”
GreenTree Hospitality reports 67.2% core net income decrease in Q4 2021
05/12/2022|11:14:41 AM|
RevPAR was RMB117, a 8.7% decrease compared with RMB129 in the fourth quarter of 2019.
Meituan CEO: Demand for travel was stronger in Q2 versus Q1
09/03/2021|10:06:57 AM|
Q2 started by facilitating recovery in the travel sector in China before travel restrictions came back to disrupt the same. Nevertheless a company of Meituan’s stature proved that they can sustain their growth trajectory in their hotel business.
China debates quarantine cut; Club Med owner reports growth | Weekly Review
10/22/2022|11:31:16 AM|
Mainland group tours to Macau early Nov; Alibaba Fliggy invests in car rental firm.
Club Med owner sees rise in business volume; Mainland group tours to Macau early Nov | Daily Brief
10/22/2022|12:02:00 AM|
IHG reports improvements in Greater China; Radisson cements European expansion.
IHG reports business improvements in Greater China
10/21/2022|7:40:28 PM|
The average daily rate was 13% year-on-year and 11% up on Q3 in 2019.
GreenTree Hospitality reports over 53% increase in revenues for Q1 2021
07/29/2021|10:33:41 AM|
The occupancy rate was 63.4%, an increase of 16.1 percentage points year-over-year, and a decrease of 14.7 percentage points compared with 78.1% in the pre-COVID-19 first quarter of 2019.
Q2 proves to be turbulent as well as promising for H World
08/31/2022|5:18:06 PM|
The mixed performance came in considering that the company’s European operations recovered to attain 2019 levels, whereas H World continued to focus on maintaining a healthy cash position for its operations in China.
Chinese OTA Tuniu reports 55.5% net revenue drop in Q1, but expects more than 300% growth in Q2
06/03/2021|6:33:45 PM|
Revenues from packaged tours were USD 6.9 million in the first quarter of 2021, representing a year-over-year decrease of 62.3%.
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