Search results for “mid-to-upscale brand hotel”
Midscale and above hotel signings in China rise 4.3% in 2024
03/28/2025|10:27:11 PM|
Franchising dominates with a 73% share of signings.
Tongcheng Travel acquires Wanda Hotel Management for $341 million
04/18/2025|12:06:30 AM|
The acquisition strategically expands the Chinese OTA’s presence in the high-end hotel segment.
China’s hotel market enters a zero-sum game amid brand reshuffling
03/07/2025|11:20:09 PM|
More than 1,000 midscale and above hotels shut down in a year.
China's festival travel drops; Cathay Pacific to add flights | Daily Brief
09/13/2022|10:29:19 PM|
Construction of Zootopia-themed land accelerated in Shanghai Disneyland; Hilton Garden Inn is set to triple its portfolio in Greater China.
Huazhu strengthens its presence in 200 new cities in China
03/24/2022|10:35:26 PM|
From 865 cities in 2020 to the future target of 2200, the hotel company’s aggressive expansion is being demonstrated by sharply rising city coverage.
China's travel space to rebound 60%+; Lotte to sell theme park | Weekly Review
12/26/2021|4:06:52 PM|
Universal Parks names new GM for Beijing Resort; Accor CEO exits Huazhu's board of directors.
2021 China hospitality report: Property number decreases but more have joined chains
12/21/2021|3:21:11 PM|
Local guests account for over 40% of hotel bookings in first-tier cities.
China's travel industry to recover by over 60%; Hong Kong adds UK to high-risk list | Daily Brief
12/21/2021|11:46:53 PM|
Property number decreased but more have joined chains; Macau-Hong Kong quarantine-free travel quota system to operate on ‘first-come, first served’ basis.
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