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Lifestyle hotelier Atour reports 10% drop in Q3 RevPAR

Lifestyle hotelier Atour reports 10% drop in Q3 RevPAR

Net revenues for the third quarter of 2024 increased by 46.7% year-over-year.

11/20/2024|1:03:39 PM|ChinaTravelNews
Marriott eyes doubling China presence in 5 years, says Yibing Mao

Marriott eyes doubling China presence in 5 years, says Yibing Mao

With over 570 hotels spanning 24 brands in nearly 140 destinations across Greater China, Marriott sees tremendous potential in the market.

10/30/2024|5:17:19 PM|ChinaTravelNews
Chow Tai Fook invests in H World-affiliated firm to expand accommodation business

Chow Tai Fook invests in H World-affiliated firm to expand accommodation business

The investment marks Chow Tai Fook’s strategic move to further tap into customer segmentation in niche markets.

10/17/2024|6:25:31 PM|ChinaTravelNews
Trip.com Group launches renovation solution for hotels

Trip.com Group launches renovation solution for hotels

The solution can reduce the traditional construction period by half.

10/16/2024|8:25:13 PM|ChinaTravelNews
Hyatt forms joint venture with China Resources Land to expand China footprint

Hyatt forms joint venture with China Resources Land to expand China footprint

The asset-light collaboration is set to introduce the collection of Mumian hotels' offerings.

10/16/2024|2:09:02 PM|Hyatt
H World faces a setback in Europe as 14 properties switch to Marriott brand

H World faces a setback in Europe as 14 properties switch to Marriott brand

The rebranding marks a step for Marriott’s expansion in Europe but it holds a different significance for H World.

10/12/2024|6:06:51 PM|ChinaTravelNews
Pub company secures multi-million yuan angel round, expanding into hotel and long-term rental business

Pub company secures multi-million yuan angel round, expanding into hotel and long-term rental business

This is Tiaohai’s first time receiving institutional funding.

10/09/2024|6:54:50 PM|ChinaTravelNews
China Hotel Market Value Index reveals new trends

China Hotel Market Value Index reveals new trends

New first-tier cities are becoming prime battlegrounds for high-end hotel competition.

09/18/2024|7:52:21 PM|ChinaTravelNews
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