Search results for “economy hotel”
Wyndham Hotels reports a 50% drop in second-quarter revenue
07/29/2020|2:28:13 PM|
Global comparable RevPAR declined 54% year-over-year.
Daily flights in China rebound to 80%; Beijing airport to lose $100M in half year | Daily Brief
07/27/2020|10:36:51 PM|
Fosun warns investors of 76% slide in earnings as coronavirus ravages tourism business; Alibaba's credit scoring unit Zhima Credit launched a credit-based accommodation booking service.
WeChat ban harms more than US tourism; Huazhu looks to second listing | Daily Brief
08/10/2020|10:36:36 PM|
Greater Bay Airlines seeks Hong Kong approval to take off; Travel companies will be more cautious in approaching markets in China due to geopolitical tension.
Booking Holdings gains $1 billion on Meituan bet; Trip.com, AirAsia join forces | Daily Brief
08/08/2020|2:48:10 AM|
Hilton hotels' occupancy exceeds 60% in China; Fosun Tourism rebrands Thomas Cook as a lifestyle online platform.
TikTok challenges Ctrip, Meituan; Skyscanner offers free ad slots | Daily Brief
07/30/2020|12:23:21 AM|
A study finds that China's outbound tourism will recover in 6-12 months; Japan, China agree to work toward resuming travel.
IHG Greater China CEO: Covid-19 drives more independent hotels to join chains
07/09/2020|10:41:56 AM|
As of March 31, IHG has opened 475 hotels in Greater China, three quarters of which are located in second- or lower-tier cities.
Leveraging 3rd party flagship stores for building "in China for China" business
07/05/2020|5:23:21 PM|
Foreign hotel companies are setting up their flagship stores on Ctrip and Fliggy, and looking at them as a way to let locals shop in a way they are accustomed to.
More than 40,000 hotels in China closed down in the first half of 2020
07/05/2020|11:41:40 AM|
In June alone, some 15,000 hotel companies had gone under.
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