Search results for “equity”
GreenTree reports 20.1% rise in revenue, 1.3 percentage points drop in occupancy
11/21/2019|4:15:30 AM|
ADR was RMB 174, an increase of 4.2% year-over-year. Occupancy rate was 85.9% in the third quarter, compared with 87.2% in the third quarter of 2018.
Expedia on China strategies, Asia competition: Global strength vs local challenges
11/18/2019|10:44:11 PM|
The strategic shake-up of OTA giants will further intensify competition in the evolving market landscape.
Trip.com Group, TripAdvisor form China joint venture and global content partnership
11/06/2019|9:52:43 PM|
"The joint venture is like a chef with the best ingredients, but what kind of cuisine will the chef make to cater to the Chinese market and Chinese travelers? It remains to be explored."
Ctrip reports 19% rise in net revenue, proposes to change company name to Trip.com Group
09/10/2019|7:17:11 AM|
Accommodation reservation revenue climbed 21% to RMB 3.4 billion (US$497 million) and transportation ticketing revenue increased 13% to RMB3.4 billion (US$496 million).
Mainland China accounts for 37% of Shangri-La's properties revenue in H1 2019
09/23/2019|5:35:36 PM|
Total revenue from Mainland China hotel properties for the first half of 2019 decreased 8.4% to USD 380.4 million, accounting for around 37% of the company's hotel properties revenue during the time.
Accor’s renewed focus – aspirational and experiential aspects of a guest
06/11/2019|4:16:13 PM|
The driver for Accor going forward is the renewed focus on live + work + play aspects of a guest and owning the relationship, drifting away from being just owner of properties.
Huazhu net revenue rises 14.2% to $356 million in Q1
05/23/2019|7:31:53 AM|
Hotel turnover increased 17% to RMB7.2 billion. Net revenues from manachised and franchised hotel were RMB1.7 billion (US$257 million), representing a 15.2% year-over-year increase.
Shiji Group acquires majority ownership of Hisense ICS
03/04/2019|3:24:01 PM|
Through the acquisition of Hisense ICS, Shiji will be able to provide its hotel, catering, retail, and other industry customers with hardware that is closely integrated with Shiji’s products.
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