Search results for “RevPAR”
Huazhu Group posts better-than-expected revenue growth in Q3
12/04/2020|8:37:54 PM|
Huazhu expects net revenues to grow by 0%-3% year-over-year for the fourth quarter.
China proposes global travel QR code; Officer leaves Airbnb on data concerns | Daily Brief
11/24/2020|7:18:04 AM|
Shanghai airport momentarily descends into chaos after workers test positive; Lifestyle travel brand Betterwood gets new investment.
Huazhu Group gears up for expansion in lower-tier cities
12/09/2020|11:31:23 AM|
The Chinese multi-brand hotel group mentioned that tier-3 and below cities accounted for 50% of the total pipeline at the end of October. The plan is to establish both middle-scale and economy brands in these places.
GreenTree Hospitality registers 8.6% drop in revenues for Q3
12/03/2020|5:19:38 PM|
RevPAR was down by 19.8% year-over-year.
China suspends 133 international flights; Trip.com Group focuses on content | Daily Brief
12/04/2020|3:07:07 AM|
GreenTree Hospitality registers 8.6% drop in revenues; Meituan bounces back in Q3, witnesses peak daily GTV across main businesses.
Japan-China business travel to restart; Outbound/inbound group tours still banned | Weekly Review
10/26/2020|1:40:55 PM|
Michelin Guide Shanghai 2020 unveiled; Hong Kong-Singapore travel bubble has one flight a day.
Marina Bay Sands lands on Alibaba Fliggy; Trip.com debuts charter flights | Daily Brief
10/29/2020|11:04:28 PM|
Wyndham's Greater China RevPAR down by 29% in Q3; Cathay Pacific pilots and cabin crew accept permanent pay cuts.
IHG hotel occupancy improves to 57% in China
10/26/2020|9:13:21 AM|
A full industry recovery will take time and uncertainty remains regarding the potential for further improvement in the short term.
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