The investment marks Chow Tai Fook’s strategic move to further tap into customer segmentation in niche markets.
The solution can reduce the traditional construction period by half.
The asset-light collaboration is set to introduce the collection of Mumian hotels' offerings.
Limited subsidies and weak demand drive the cancellations.
The outflow of spending power has directly impacted Hainan’s offshore duty-free market.
The rebranding marks a step for Marriott’s expansion in Europe but it holds a different significance for H World.
User spending rose 10% annually before the pandemic.
He remains confident about the industry's future.
With Marriott International as the founding sponsor, applications are now open for initiatives aimed at expanding opportunity and inclusion across GBTA’s global community.
The company has served more than 600 overseas merchants, covering 22+ countries worldwide.
The two giants also face rising competition from younger rivals like Airbnb.
Both companies are counting on growth in international theme parks.
Demand is expected to remain strong for the coming months.
The influence of short videos is evident in every step of travelers’ journeys.
Both OTA giants set record highs in the first quarter.
The Thailand-based hotel chain is evaluating changes in guest behavior, performance marketing, and influence marketing, as the team gears initially target the lower end of the booking funnel.