Search results for “occupancy”
Huazhu net revenue up 25% to $381 million, occupancy rate at 89.6% in Q2
08/23/2018|10:03:56 AM|
As of June 30, 2018, the number of hotel rooms in operation totaled 393,417, an increase of 9.4% from a year ago. Income from operations increased 53.2% year-over-year to $101.4 million for Q2.
Chinese star-rated hotels record 60.58% occupancy rate
01/22/2018|9:38:30 AM|
Some 10,065 star-rated hotels in China reported totaled operating incomes of 53.808 billion yuan in the third quarter of 2017, of which 26.242 billion yuan, or 48.77%, was room revenues.
Google: search results helps predict hotel occupancy
07/04/2017|9:55:40 AM|
A report shows a positive correlation between Google search data and hotel demand measured by STR. Google reports that 46% of travellers say they make their booking decision on mobile devices.
Five-star hotels have the highest occupancy rate in Q3 2016
01/10/2017|2:36:56 PM|
In Q3 of 2016, there are altogether 10,488 hotels were audited provincial tourism administrations. Five-star hotels in 16 provinces had higher average occupancy rate than the national average of 62.24%.
Shanghai Disney pegs 95% hotel occupancy, mulls new attractions
08/12/2016|4:15:51 PM|
Shanghai Disney Resort is expected to build more attractions as it registered more than one million visitors and 95% hotel occupancy.
Occupancy rate of China Lodging Group reaches 80.4% in Q1 2016
05/12/2016|10:31:31 AM|
In the first quarter of 2016, the company's ADR was RMB172 and RevPAR was RMB139. The occupancy rate for all hotels in operation (excluding certain franchised Starway hotels) was 80.4%.
ADR growth continues to lag expectations despite peak occupancy levels, says PwC Us
11/13/2015|7:38:15 PM|
An updated lodging forecast released today by PwC US expects RevPAR growth in 2015 to be driven more by occupancy than previously expected, as ADR growth continues to look for a firm footing.
Huazhu Hotels reports 85% occupancy and 207 new hotels in Q2 2015 report
08/18/2015|10:31:38 AM|
China Lodging Group added 207 hotels had 85.8% occupancy rate while net revenues increased 16.9% to RMB1.46 billion in Q2 2015.
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