Search results for “Franchise Hotel”
Lifestyle hotel group to raise $300M; China keeps border closed till next year | Weekly Review
06/27/2021|12:18:28 AM|
Tencent founds digital inflight company; Cathay looks at ‘Amazon concept’.
Huazhu Group targets lifestyle market opportunities
05/27/2021|11:12:05 AM|
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.
Huazhu Group gears up for expansion in lower-tier cities
12/09/2020|11:31:23 AM|
The Chinese multi-brand hotel group mentioned that tier-3 and below cities accounted for 50% of the total pipeline at the end of October. The plan is to establish both middle-scale and economy brands in these places.
China’s OTAs and hotel groups are launching more hotel brands to meet diverse demands
04/30/2021|7:15:25 PM|
Competitions in new fields and changes in business strategies are catalyzing the launch of new brands.
Elong Hotel debuts in Shanghai, forming a new OTA-hotel relationship
04/26/2021|11:34:59 AM|
Elong Hotel has signed up 62 properties for its four brands, most of them are franchised hotels in lower-tier cities in eastern, southern and central China.
OTA-invested bank to double customer base; Japan Airlines to consolidate Spring Airlines unit | Daily Brief
04/26/2021|6:09:55 PM|
Vaccine travel rules widen rift between China and the West; China investigates Meituan for suspected monopolistic practices.
Smart hotel solution provider Xiezhu receives USD 45.6 million in Series B financing
03/31/2021|12:17:21 PM|
The proceeds will be used for product R&D, market expansion and customer service.
Huazhu reports $471 million net income in Q4, expecting net revenue growth to top 50% in 2021
03/24/2021|10:15:50 PM|
Hotel turnover increased 17.5% year-over-year to RMB 11 billion for the fourth quarter, and decreased 5.6% to RMB 33 billion for the full year of 2020.
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