Search results for “hotel occupancy”
China hotels show slight lift during Lunar New Year holiday
03/02/2021|3:40:53 PM|
Daily occupancy in the market sat in the 30% range for most of the festival period Feb 11-17 then rose to as high as 37.6% on Feb 20.
Family-activity firm raise fund; America to overhaul Asia in flights | Daily Brief
02/04/2021|11:04:41 PM|
Chinese travelers are more optimistic about travel in 2021; China Eastern Airlines gets $1.7 billion lifeline.
Upscale hospitality group New Century projects 80%-90% less profit
02/03/2021|6:03:23 AM|
In the second half of 2020, the hotel chain's occupancy rate and RevPAR were significantly improved.
Upscale hotel chain expects profit drop; China's No. 4 airline to draw new investors | Daily Brief
02/03/2021|6:13:14 AM|
Club Med owner Fosun Tourism expects annual loss of up to $410 million; Chinese airlines’ income for the festival travel may rush down 60%-70%.
On track to recovery, China’s home-share industry sees great potential
01/26/2021|11:27:51 AM|
Branded properties accounted for only 5.6% of the alternative accommodation market, which was dominated by small- and medium-sized brands.
Huazhu projects Q4 revenues to surpass previous guidance
01/25/2021|3:16:28 PM|
RevPAR of the Legacy-Huazhu hotels (excluding Deutsche Hospitality) for the fourth quarter was RMB 186, down by 2.4% year-over-year, but up from RMB 179 in the previous quarter.
OTA hotel chain makes investment; Homestay giant's spinoff firm secures funding | Daily Brief
12/05/2020|1:39:24 PM|
China's hotel titans put Marriott and Hilton to shame; Huazhu posts better-than-expected revenue growth in Q3.
China among top themes in travel sector as recovery beckons
12/17/2020|2:42:30 PM|
China’s domestic travel recovery caused Hyatt, Hilton and Mariott to experience an occupancy upswing.
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