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Q2 proves to be turbulent as well as promising for H World

Q2 proves to be turbulent as well as promising for H World

The mixed performance came in considering that the company’s European operations recovered to attain 2019 levels, whereas H World continued to focus on maintaining a healthy cash position for its operations in China.

08/31/2022|5:18:06 PM|ChinaTravelNews
Hotel giant seeks SIX Swiss Exchange listing; Macau tour trade calls for Covid test easing | Daily Brief

Hotel giant seeks SIX Swiss Exchange listing; Macau tour trade calls for Covid test easing | Daily Brief

Artyzen to launch five projects in Shanghai; China’s first sea-crossing high-speed railway completed.

08/30/2022|10:30:14 PM|ChinaTravelNews
Delisting risk for US-listed Chinese firms nearly halves; Hotel giant to quit economy soft-brands | Daily Brief

Delisting risk for US-listed Chinese firms nearly halves; Hotel giant to quit economy soft-brands | Daily Brief

The Ritz-Carlton Club elevated experience launches in mainland China; Loss of Chinese tourists forces Europe’s luxury retailers to rethink.

08/30/2022|12:03:52 AM|ChinaTravelNews
Hotel giant H World sees Q2 revenue down 5.7%, plans to quit economy soft-brands segment

Hotel giant H World sees Q2 revenue down 5.7%, plans to quit economy soft-brands segment

Q3 Revenue is projected to rise 13&-17%.

08/29/2022|11:01:00 PM|ChinaTravelNews
Tuniu report: premium hotels preferred by nearly 60% of self-guided tourists

Tuniu report: premium hotels preferred by nearly 60% of self-guided tourists

The number of people with three- to four-day trips accounted for 28% of the total.

08/27/2022|1:56:59 PM|ChinaTravelNews
China eases entry restrictions; US suspends 26 China-bound flights | Weekly Review

China eases entry restrictions; US suspends 26 China-bound flights | Weekly Review

Meituan reports notable drop in room nights; Hong Kong renews limited curbs.

08/27/2022|1:45:59 PM|ChinaTravelNews
US suspends 26 China-bound flights; Korea waiting for Chinese tourists | Daily Brief

US suspends 26 China-bound flights; Korea waiting for Chinese tourists | Daily Brief

Thousands of tourists stranded in Tibet; PAG in talks to buy Japanese theme park.

08/27/2022|12:51:41 AM|ChinaTravelNews
Meituan reports 16.4% rise in Q2 revenue but notable drop in room nights

Meituan reports 16.4% rise in Q2 revenue but notable drop in room nights

High-star hotels were more heavily impacted than low-star Hotels.

08/26/2022|5:54:48 PM|ChinaTravelNews
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