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OYO China CFO: We’ll have clear models for hotel operation and profitability

03/04/2019|8:57:29 AM|

"We know that speed, manpower efficiency and scalability are equally important. What’s not going to happen this year is that we will only manage to keep 5,000 of the 10,000 hotels we signed in 2018."

Huazhu plans to open 750-800 new hotels in 2016

03/11/2016|10:17:03 PM|

Chinese multi-brand hotel group Huazhu plans to open 750-800 new hotels in 2016, with 80% for economy hotels and 20% for midscale and upscale ones, and manachised and franchised hotels continue to be the vast majority in the run.

Club Med accelerates growth in China aided by Fosun

02/22/2016|8:37:03 AM|

Having launched two resorts in China in 2015, Club Med is picking up development speed and plans to open 15 more in the next five years and will have a total of 20 resorts in China by then.

Huazhu Hotels reports 85% occupancy and 207 new hotels in Q2 2015 report

08/18/2015|10:31:38 AM|

China Lodging Group added 207 hotels had 85.8% occupancy rate while net revenues increased 16.9% to RMB1.46 billion in Q2 2015.

Home Inns: Protecting margin and managing growth in a soft environment

03/13/2015|4:05:58 PM|

Home Inns & Hotels Management CEO David Sun is optimistic about the long-term perspective of the travel and lodging market in China.

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