Search results for “hotels”
Trip.com-invested hotel brand collapses; Airbnb halts marketing to save $800M | Daily Brief
Airbnb will suspend all marketing activities in a move which will save USD 800 million a year; China saw a huge uptick in flight searches.
Hotel giant OYO looks to rewrite contracts that fueled its rise
OYO is ending the practice of minimum guarantees and instead is rolling out new contracts to raise fees charged to the hotels.
Restaurant, hotel management platform Tripleseat acquired by Vista Equity
Through the acquisition, Gather, already owned by Vista, will be merged with Tripleseat.
Global hotel transaction volumes in 2019 reach USD 66 billion
Asia Pacific hotel transaction volume increased 44% yoy to USD 12.7 billion in 2019, exceeding previous projections of a 25-30% increase.
Equity investments play a big part in hotel giant Huazhu's annual profit
Same-hotel RevPAR growth has been going down for the past three years.
How Marriott plans to manage a 45% drop in hotel occupancy rates
The chain is seeing occupancy rates in North America at under 25%, down from about 70% last year
Huazhu's net revenue rises 8.5%, same-hotel RevPAR down by 5.4%
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.
Disney hotel coronavirus closures could cost company $140 million worldwide
Disney has 16 company-operated hotels with 11,000 rooms at four theme park resorts in Asia and Europe.
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Accor works on a domestic travel recovery promotion in China
US regulator extends deadline for Shiji to sell StayNTouch
JD.com sells its stake in online travel agency Tuniu for $65 million
How an airline-tech startup leverages TravelSky connection for global demand
Travel live streaming marks changes for digital marketing after COVID-19
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