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Star-rated hotels in China report $4.25 billion operating income for first quarter

Strong revenue growth has been recorded for five-star and four-star hotels for the quarter.

06/02/2021|2:57:34 PM|ChinaTravelNews

Room night bookings deliver sizable operating profit for Meituan

A sign of progress was Meituan’s decision to expand its hotel supply in the high-end segment and the number of bookings garnered from this category continued to rise.

06/02/2021|1:42:04 PM|Ritesh Gupta, ChinaTravelNews

Thanyapura tied the knot with Changshu National New & Hi-tech Industrial Development Zone

The project extends the road map of Thanyapura in China continuing the provision of professional services for growing segment with health and wellness focuses.

05/29/2021|5:17:32 PM|Thanyapura

Meituan posts “stellar growth”; Social travel startup raises millions of dollars | Daily Brief

China counts over 1,000 more museums in the past five years; Chinese airlines launch ‘red tourism’ services.

05/28/2021|10:39:30 PM|ChinaTravelNews

Meituan posts “stellar growth” for first quarter in hotel & travel segment

In-store, hotel & travel segment reports a revenue of RMB6.6 billion, an increase of 112.7%.

05/28/2021|6:26:19 PM|Meituan

OTA downplays regulation threat; Hotel group targets lifestyle segment | Daily Brief

BritCham urges resumption of travel between China and UK; Tongcheng-Elong partners with Travelport on NDC.

05/27/2021|10:49:02 PM|ChinaTravelNews

Huazhu Group targets lifestyle market opportunities

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.

05/27/2021|11:12:05 AM|Ritesh Gupta, ChinaTravelNews

DidaTravel looks beyond Asia, eyes UAE and UK

The Shenzhen, China-based company is strengthening its sourcing teams in various markets at this stage to add both independent and chain hotel companies in its portfolio.

05/26/2021|4:31:33 PM|Ritesh Gupta, ChinaTravelNews
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