Just three brands — Home2 Suites, IHG’s Holiday Inn Express, and Marriott’s Fairfield Inn — comprise 20 percent of the total hotel construction pipeline in the U.S.
TravelSky revenue rises 24% in first six months; Major Chinese hotel company dampens recovery outlook.
Huazhu expects company-wide revenue per available room to return to as much as 75% of 2019 levels in the third quarter.
OTA Tongcheng-Elong to change name; Guangdong eases restrictions for outbound trips.
Up until last week, the majority of the hotel’s guests were requesting to change their booking to before August 20.
China resumes partial flights as Covid-19 risks fall; Pre-sale tourism packages booming despite COVID-19.
39% of Asia-Pacific executives reaffirmed that rooms was their main priority, similar to perceptions of their global peers.
STR reported average occupancy rates across mainland China in early August fell from 70% to 40% within a fortnight amid new virus outbreaks.