Search results for “hotel construction pipeline”
Marriott sees Greater China as best-performing market in Q3
11/07/2020|12:02:08 PM|
Occupancy rates jumped to 61.4% from 35.5% in the second quarter.
Universal Beijing debuts on Ctrip; Vaccine hope brings tailwind to airlines | Daily Brief
11/17/2020|7:36:15 AM|
Air China aims to further boost domestic travel; Shanghai to add over 12,000 hotel rooms.
24 nations reopen to Chinese visitors; Google reports on travel interest recovery | Daily Brief
08/22/2020|12:25:08 PM|
Meituan saw 17% decline in hotel room nights in Q2; Movie Hotel raised over $25 million to create hybrid experience.
Marriott reports a net loss of $234 million for Q2, with Greater China leading the recovery
08/11/2020|12:25:55 AM|
Worldwide RevPAR has climbed steadily since its low point of down 90% for the month of April, to a decline of 70% for the month of July.
China continues flight control; Huazhu restructures for global ambition | Daily Brief
05/20/2020|11:57:56 PM|
Despite reports of restoration, China’s air transportation system is not likely to fully recover for at least another two years; Hong Kong airport sees 99.5% passenger traffic drop in April.
International hotel groups gradually resume full operations in China
05/11/2020|6:50:06 PM|
Reopening all our hotels in the Chinese mainland is the first step in a measured global recovery process.
Hotel firm GreenTree expects a 30%-35% drop in Q1 revenue
04/14/2020|9:35:51 PM|
Due to the impact of COVID-19, the company may record a decline in total revenues of 10%-15% for the full year 2020.
Huazhu's net revenue rises 8.5%, same-hotel RevPAR down by 5.4%
03/27/2020|8:19:48 AM|
Huazhu is expected to close 350-450 hotels, including planned closure of 300-350 hotels and special closure of 50-100 hotels impacted by COVID-19.
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