Search results for “Brand loyalty”
Sino-US travel hit by trade war, Tencent to buy $400m stake in Meituan IPO, and more
09/03/2018|10:51:01 AM|
Chinese tourists to Russia increased by 150% in January-July 2018. Weekly travel bookings from China to the US dropped by 8.4%. Meituan is to go public in Hong Kong on Sept. 20, and Tencent plans to buy $400 million worth of shares in the IPO.
Huazhu net revenue up 25% to $381 million, occupancy rate at 89.6% in Q2
08/23/2018|10:03:56 AM|
As of June 30, 2018, the number of hotel rooms in operation totaled 393,417, an increase of 9.4% from a year ago. Income from operations increased 53.2% year-over-year to $101.4 million for Q2.
Expedia Q2 reports 13% growth in gross booking and 11% in total revenue
07/27/2018|5:32:58 AM|
Operating income and Adjusted EBITDA for Core OTA grew 19% and 16%, respectively. Total stayed lodging room nights grew 12% YoY, while stayed property nights for HomeAway increased 33% YoY.
AccorHotels buys majority stake in boutique lifestyle chain 21c Museum Hotels
08/01/2018|12:47:55 PM|
Even though AccorHotels recently revealed it took a $288 million hit on its 2016 acquisitions of luxury homesharing platform Onefinestay and concierge provider John Paul, it hasn’t deterred the company’s shopping spree.
MakeMyTrip revenue decreased to $137.4 million in 1Q 2019
08/14/2018|8:15:43 PM|
For the first fiscal quarter ended June 30, 2018, revenue decreased to $137.4 million, Flight segments for Air ticketing business increased by 17.1% YoY.
Marriott to offer hotel stays and travel packages on Tmall, Fliggy
07/27/2018|12:17:04 PM|
Marriott International will hold a “Tmall Super Brand Day”, offering an array of promotions and exclusive vacation packages for visitors to its storefront on Fliggy, Alibaba’s online travel platform.
The evolution of the property management system (PMS)
12/24/2020|8:01:28 AM|
Those not willing to embrace will no longer be able to rely on brand loyalty or relationships alone.
Accor ‘lifestyle hospitality company’ partners with Abercrombie & Fitch
07/18/2018|3:18:25 PM|
SBE is to collaborate with US clothing retailer Abercrombie & Fitch to run co-branded events and pop-up shops in hotels.
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