Search results for “sharing economy”
Huazhu Group targets lifestyle market opportunities
05/27/2021|11:12:05 AM|
The Chinese hotel company believes its expansion in the lifestyle segment, both via organic and inorganic routes, plus excellent RevPAR growth in lower-tier cities is a positive sign for the group.
China sees robust growth in theme-park sector; OTA invests in pilot training | Daily Brief
05/13/2021|11:04:24 PM|
Trip.com focuses on personalized domestic travel; China Express bets on subsidized routes, home-grown jets as path to profits.
Accor’s revenue reduces nearly 60% in 2020, but Huazhu invests more
02/24/2021|5:55:57 PM|
In China, the recovery observed from the second quarter onwards gathered pace quarter after quarter, resulting in a 44.2% decline in RevPAR over the year.
EU states to open borders for Chinese tourists; Cinema hotels attract more audiences | Weekly Review
05/09/2021|4:45:23 PM|
WHO approves first Chinese Covid vaccine for emergency use; China slightly eases international flight suspension rules.
Booking reports a net loss of $55 million but a 62% increase in air tickets
05/06/2021|8:19:58 AM|
Total revenues for the quarter dropped by 50% year-on-year.
Travel sector eyes consumers from lower-cities in China
04/13/2021|11:25:41 AM|
The travel sector is counting on consumers from lower-tier cities as a vital cog for not only revenue generation in the short-term, but also as a growth engine for the future.
Sabre reports a net loss of $266 million for Q1, and will not give guidance at this time
05/05/2021|5:13:20 PM|
Sabre’s first quarter revenue decreased by 50%, and global bookings were down by 55%.
Huazhu Group aims to be bigger, gears up for a brighter future
03/30/2021|10:44:56 AM|
The Chinese hotel company has carved out its strategic focus for 2021, built on property expansion, strengthening bonds with existing and new customers, both backed up astute data strategy and digitization project.
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