Search results for “revenue target”
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.
Huazhu Group gears up for expansion in lower-tier cities
12/09/2020|11:31:23 AM|
The Chinese multi-brand hotel group mentioned that tier-3 and below cities accounted for 50% of the total pipeline at the end of October. The plan is to establish both middle-scale and economy brands in these places.
Taiwan OTA accused of leaking data to China; Meituan posts 113M room nights | Daily Brief
11/30/2020|10:05:20 PM|
Fosun targets Greater Bay Area tourists with Thomas Cook resort on Zhuhai island; Japan, China resume business travel.
Tongcheng-elong’s CEO throws light on effective recovery strategy in Q3
11/28/2020|8:52:19 PM|
The company is looking at cost-effective traffic sources, especially in lower-tier cities, and banking on technological innovations going forward. The plan is to have 200 million annual paying users by 2021.
Huazhu Group posts better-than-expected revenue growth in Q3
12/04/2020|8:37:54 PM|
Huazhu expects net revenues to grow by 0%-3% year-over-year for the fourth quarter.
Valor Hospitality Partners and The Delivering Group join forces to help independent Asian hotels regain momentum
12/09/2020|10:19:29 AM|
The alliance with Valor Hospitality is the latest move by The Delivering Group to form a powerful coalition of sales, marketing, PR, digital, distribution solutions providers targeting the travel and hospitality sector.
“Shanghai Female Socialites Group Buy” exposé online triggers social media buzz on luxury hotels
10/27/2020|12:23:24 PM|
5-Star Luxury hotels tagged and their products and services listed for collaborative consumption by social media group “Shanghai Female Socialites”.
Travel marketers show penchant for unconventional tactics to boost recovery
10/23/2020|9:37:25 AM|
Be it for looking beyond popular 3rd party ecosystems or supporting revenue generation post business model pivot, companies in China are open to experimenting to reach out to consumers.
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