Search results for “mid-ranged market”
Earthquake in China kills more than 30; Railway travel hits 8-year low | Daily Brief
09/05/2022|11:41:48 PM|
Hong Kong floats quarantine-free plan for summit, but bankers say no thanks; Radisson Hotel Group plans Australasian expansion.
China eases entry restrictions; US suspends 26 China-bound flights | Weekly Review
08/27/2022|1:45:59 PM|
Meituan reports notable drop in room nights; Hong Kong renews limited curbs.
DidaTravel announces partnership with Huazhu; CTG Duty Free slips after HK listing | Daily Brief
08/25/2022|9:59:35 PM|
Facial recognition startup cornering 60% of airport market bags Shanghai Airport funding; Yunnan's tourism revenue nears RMB 500 billion in Jan.-July.
Meituan acts fast on new demand and cost cutting opportunities in Q1
06/09/2022|2:21:26 PM|
The company highlighted that the decision to support hotel companies’ digital transformation and some of the other initiatives like Hotel + X are contributing immensely at this juncture.
China’s alternative accommodation industry in 2021: ADR falls below $48
01/28/2022|5:53:53 PM|
Over 75% of short-term rental properties saw revenue below RMB 1 million.
Huazhu’s CEO extends support to franchisees
11/27/2021|11:00:55 AM|
The Chinese hotel company acknowledges that the going hasn’t been easy for its franchisees in certain areas and Huazhu has decided to revitalize the “weakened confidence” via certain financial relief.
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.
Online travel giants Meituan, Tongcheng actively invest in hotel groups
01/07/2021|3:58:30 PM|
Chinese OTAs have a long history of buying into their hotel partners.
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