Search results for “occupancy”
Hotels account for 62% of China’s lodging industry, most in economy segment
05/19/2021|8:31:21 AM|
Only 18% or 50,000 hotel properties were in the midscale, upscale and luxury categories.
China mulls over differentiated visa policies; Club Med owner plans multi-brand expansion | Weekly Review
03/28/2021|10:43:08 AM|
Meituan reports 354.5 million room nights booked in 2020, down by 9.7%; Hotel direct sales service provider Honey Guide secures tens of millions of yuan.
GreenTree Hospitality revenues drop 14.8% last year
04/15/2021|5:07:37 PM|
RevPAR was RMB 124 for the fourth quarter in 2020, down by 3.2% year-over-year but up by 4.1% quarter-over-quarter.
GreenTree reports 20.1% rise in revenue, 1.3 percentage points drop in occupancy
11/21/2019|4:15:30 AM|
ADR was RMB 174, an increase of 4.2% year-over-year. Occupancy rate was 85.9% in the third quarter, compared with 87.2% in the third quarter of 2018.
Deutsche Hospitality CEO: Finding the right partner in China is important
03/15/2021|10:48:55 PM|
The German hotel group plans to quintuple its hotel portfolio by 2025, partly through mergers and acquisitions.
Chinese tourists look forward to visiting Europe’s museums; Rosewood continues China growth | Daily Brief
05/13/2021|12:07:34 AM|
Hong Kong-Singapore travel bubble to launch as scheduled; Waiver of 5% tourism tax on Macau entertainment operators comes into effect.
OTA tries out digital currency app; Travel bookings during festival rise 300% | Daily Brief
04/08/2021|10:36:37 PM|
China reportedly keeps top-secret watchlist of US travelers; China Southern signs new deals with 20 international partners.
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.
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