Search results for “midscale hotels”
TikTok's China app pilots group buying; Tencent invests in travel firm | Weekly Review
03/07/2021|3:18:22 PM|
OTA giant sees content as a new growth driver, rolls out a three-step strategy; Chinese lawmakers, advisors suggest issuing vaccine passports.
Marriott refines development strategy in China, focusing on “brand+destination”
03/05/2021|11:32:50 AM|
Marriott plans to open 60 or more hotels in China this year.
Marriott focuses on “brand+destination” in China; Lawmakers advise vaccine passports | Daily Brief
03/05/2021|10:47:17 PM|
European winter destinations look to Chinese outbound tourists post-pandemic; Hong Kong businessman backs AirAsia with HK$400 million investment.
OTA launches a three-step content strategy; Chinese consumers still optimistic | Daily Brief
03/05/2021|12:29:54 AM|
China hotels benefited from quick lockdowns, later holidays; Travel in Hong Kong may resume slowly "in 3-6 months".
Accor’s revenue reduces nearly 60% in 2020, but Huazhu invests more
02/24/2021|5:55:57 PM|
In China, the recovery observed from the second quarter onwards gathered pace quarter after quarter, resulting in a 44.2% decline in RevPAR over the year.
Accor further offloads 1.5% stake in Huazhu Group
02/20/2021|11:40:07 AM|
After this transaction, Accor still owns a 3.3% stake in Huazhu and continues to be represented at the Group’s Board of Directors.
Wyndham reports a 40% revenue decline, but Greater China RevPAR performs far better than other regions
02/12/2021|11:56:55 PM|
System-wide rooms declined 4% year-over-year.
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.
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