Search results for “occupancy”
Why OYO and Ctrip need each other: bigger reach in Asia
05/28/2019|6:09:34 PM|
Oyo founder Ritesh Agarwal pointed out that Ctrip is focused on secondary and smaller cities in China, which complements Oyo’s supply.
Huazhu Group closes 60 hotels in Q1
05/28/2019|9:22:59 AM|
Huazhu CEO Jenny Zhang said it had developed slightly different distribution approaches and fee structure to be more flexible in accommodating needs of independent hotels.
GreenTree's revenues grow 20.1% to $35.1 million in Q1 2019
05/24/2019|6:51:08 PM|
Occupancy rate was 78.1%, a decrease of 1.1% year-over-year. And RevPAR increased 2.5% to RMB127 in the first quarter of 2019.
Huazhu net revenue rises 14.2% to $356 million in Q1
05/23/2019|7:31:53 AM|
Hotel turnover increased 17% to RMB7.2 billion. Net revenues from manachised and franchised hotel were RMB1.7 billion (US$257 million), representing a 15.2% year-over-year increase.
How Marriott will differentiate home-sharing platform
05/10/2019|5:11:36 PM|
Marriott has been building this loyal base for decades and trying to leverage the differentiator in short term rental services.
Extending your food and beverage offering
05/06/2019|5:59:06 PM|
F&B experience should reflect the core and style of the property. For hotel guests it should also be a memorable experience, adding to their overall stay.
Hong Kong Disneyland hikes prices 3% to tackle rising expenses
04/25/2019|2:43:07 PM|
Some 6.7 million visitors attended the theme park in its fiscal year 2018, up 8% from the year prior, and guests spent 6% more on average.
Selina raises $100 million for its millennial-focused lodging
04/25/2019|1:44:50 PM|
The startup said it had separately secured more than $300 million from regional partners to acquire real estate and fund its conversion costs for ongoing projects.
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