Search results for “hotel construction pipeline”
A 12-year review of high-end chain hotel development in mainland China
04/24/2019|4:30:57 PM|
The opening of new high-end chain hotels has accelerated in mainland China’s major markets since 2007.
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.
China's hotel pipeline at new all-time highs
03/18/2019|1:36:22 PM|
China's total hotel-construction pipeline stands at 2,761 hotels with 580,635 rooms, up 12 percent by hotels and 6 percent by rooms year over year.
IHG is the second-largest globally branded hotel company in China
04/04/2019|9:21:47 AM|
In 2018, IHG increased its Greater China system size to 391 open hotels (115,000 rooms) and 142 signings for 29,000 rooms, taking the pipeline for the region to 341 hotels and 78,000 rooms.
Chinese hotel giant Huazhu Group reports 22.3% growth in 2018 revenue
03/15/2019|9:04:59 AM|
For the full year of 2018, net revenues from leased and owned hotels were $1,087 million, representing a 17.9% year-over-year increase; net revenues from manachised and franchised hotels were $367.5 million, a 36.6% year-over-year increase.
IHG further expands luxury footprint with acquisition of Six Senses
02/13/2019|5:20:37 PM|
The acquisition of Six Senses takes IHG’s portfolio of open and pipeline luxury hotels to 400 hotels (108,000 rooms) globally.
China’s hotel pipeline: 661 hotel openings expected in 2019, and 604 in 2020
01/04/2019|3:48:56 PM|
China’s total construction pipeline continues to be led by Shanghai and Guangzhou with 125 projects/24,403 rooms, and 113 projects/26,897 rooms, respectively.
China’s hotel pipeline: 548 hotel openings expected in 2019, and 540 in 2020
11/13/2018|9:45:51 AM|
Shanghai and Guangzhou continue to lead China’s total construction pipeline with 121 projects/24,759 rooms, and 108 projects/26,022 rooms, respectively.
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