Search results for “occupancy”
InterContinental Hong Kong, Mira force staff to take leave
08/22/2019|1:45:17 PM|
High-end hotels are struggling as occupancy rates plummet. Staff are being forced to take leave in what is normally city’s peak season.
Using digital assets diligently for Chinese platforms / ecosystems
09/12/2019|3:33:25 PM|
Foreign airlines are looking at capitalizing on their digital assets and minimizing the integration work when it comes to working with any established or emerging platform/ ecosystem in China. One area of focus has been standardized components for front-end web.
A 12-year review of high-end chain hotel development in mainland China
04/24/2019|4:30:57 PM|
The opening of new high-end chain hotels has accelerated in mainland China’s major markets since 2007.
Huazhu net revenue increases by 13.4% to US$417 million in Q2
08/22/2019|9:09:12 AM|
Hotel turnover increased by 18% to RMB8.8 billion. Net revenues from manachised and franchised hotels were RMB803 million (US$117 million), representing a 30.4% year-over-year increase.
Huazhu to sustain expansion in upscale segment: CEO Jenny Zhang
08/28/2019|5:47:56 PM|
The hotel group expects revenue generation from its mid-scale and upscale hotel segments to go up further with aggressive development.
Hong Kong hotels in crisis as protests deter Chinese tourists
08/16/2019|2:57:50 PM|
Hotel occupancy rates that averaged 90% in the first half will fall by a third or more and that arrivals from the mainland to Hong Kong, a key shopping destination for Chinese, could slow to a trickle.
Executives optimistic despite pressures in China
08/21/2019|6:14:20 PM|
Most major hotel companies reported softer revenue-per-available-room growth in China during the second quarter because of the ongoing U.S.-China trade war as well as protests in Hong Kong.
HOTELS 325: Jin Jiang becomes global No. 2 hotel group, OYO ranks 8th
08/02/2019|5:42:49 PM|
Marriott holds onto the top spot and Hilton dipped to No. 3 behind Jin Jiang, which leaped up the ranking after its acquisition of Radisson Hotel Group adding almost 200,000 rooms.
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