China blocks some flights from the US as Covid precautions rise; Travel sector chiefs ask Hong Kong government for relief fund.
The leading Chinese hotel company is looking at the group’s loyalty programme to gain a deeper understanding of guests.
Roughly 80 percent of Hilton’s business travel demand came from smaller businesses before the pandemic, but Nassetta said he aimed to grow that to 90 percent.
Be it for regulatory directives or where China's digital economy is headed, travel brands need to be agile to make the most of the situation.
Hong Kong travel easing risk if Omicron in community; China to ensure COVID-19 control amid Spring Festival travel rush.
China has already seen US$1.5 billion in hotel and serviced apartment transactions in the first nine months.
If a major hotel chain uses smartly the Sonder formula and leases the property, they should be able to keep for themselves 2x, 3X or even 4x what they are making now.
For the first eleven months of this year, Macau’s average hotel occupancy rate stood at nearly 50%, with five-star hotels at 47.2% over that period.
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