Search results for “hotels”
What does OYO mean for the Chinese hotel industry?
The standalone hotels that are hidden below the iceberg present a trillion-RMB market experiencing consumption upgrade.
Zhiketong completes full acquisition of hotel operation solution provider Jperation
Under the partnership, Jperation would keep five aspects unchanged, including company strategy, team structure, competitiveness, operation and performance models.
From sleepless in Singapore to $70 million for cut-rate hotels
RedDoorz CEO Saberwal wants to build a company with a valuation of $1 billion by next year, possibly $5 billion in two to three years, by which time he hopes to take RedDoorz public.
Hong Kong hotels in crisis as protests deter Chinese tourists
Hotel occupancy rates that averaged 90% in the first half will fall by a third or more and that arrivals from the mainland to Hong Kong, a key shopping destination for Chinese, could slow to a trickle.
How outsized supply growth is affecting Chinese hotels
For the first time since 2016, STR data shows mainland China supply growth outpacing demand growth, leading to occupancy declines.
InterContinental Hotels hit by slower Revpar growth in China and US
Comparable revenue per available room flattened off to 0.1% from the 0.3% seen in the first quarter.
easyHotel raises £11 million to expand in Europe market
easyHotel has opened six new owned and franchised hotels during the year, totaling 607 rooms.
RedDoorz: The unlikely David to OYO’s Goliath in Southeast Asia
By the end of 2020, RedDoorz is looking to triple its inventory—from the present 1,500 properties to 4,500.
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Activities booking unicorn Klook acquires car rental firm Huizhuche
Chinese hotel CEOs gear up for new normal, expect rebound by mid-Q2
OYO sees signs of recovery in China after coronavirus outbreak
ANA partners Skyscanner on direct booking; Travelzoo furloughs global workforce | Daily Brief
Travelers fleeing global pandemic bid for limited flights to China
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