Search results for “five-star hotels”
Ctrip gears up for tougher battles in hotel contracting in Asia
06/09/2015|7:08:01 AM|
The leading OTA acknowledges that signing of direct contracts with hotels isn’t a straightforward task in overseas markets. But the team is expanding in early days of Ctrip’s globalization.
China’s star-rated hotels record 49% occupancy in Q1 2015
05/29/2015|9:23:52 PM|
The 11,369 hotels in operation reported RMB22.253 billion from F&B and RMB20.705 billion from room sales for total revenue of RMB49.168 billion.
Chinese capital makes waves in global hotel industry
06/08/2015|7:10:41 AM|
Chinese investors are counting on this enormous Chinese market to form the customer base that will enable them to expand in the overseas hotel industry.
Shimao Property revives its plan for hotel spinoff listing
06/10/2015|8:18:27 PM|
Shimao Group chairman Wing Mao Hui director once again claims Shimao Property will restart a shelved hotel spinoff in HK.
Far East Group negotiating AUD$75 million acquisition of Pullman Cairns International
05/06/2015|4:19:38 PM|
Far East Consortium International’s chairman is in negotiations over a AUD$75 million deal to purchase the five-star Pullman Cairns International.
Room rates plunge as Shanghai luxury hotel glut continues
04/10/2015|9:24:28 AM|
Shanghai is experiencing a glut of premium hotels and the hotel industry will face a high vacancy rate if investments in new hotel projects continue unchecked.
How TV and mobile technology are changing the face of destination marketing
04/19/2015|4:02:09 PM|
Up until recently, most destination marketing was done with traditional media: newspapers and magazines, public transportation, and television.
High-end is fine, but Ctrip has now its eyes on low-end market, too
03/21/2015|10:23:27 AM|
Ctrip is optimistic that the team is all set to penetrate the low-end market, combating similar focus of its competitors.
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