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International hotel performance drops in China: Is business travel to blame?

08/23/2024|12:18:16 PM|

Business demand accounts for approximately 60% of hotel stays, while leisure demand makes up the remaining 40%.

Lifestyle hotelier Atour reports a 6.5% drop in Q2 RevPAR

08/30/2024|2:02:51 PM|

Net income for the quarter increased by 27.1% year-over-year.

Hotel giant H World Group changes CFO

09/04/2024|4:22:58 PM|

New CFO has joined the company for ten years.

Chinese hotel giant H World sees Q2 RevPAR down by 2%

08/21/2024|12:40:43 PM|

There are 10,286 hotels or 1,001,865 hotel rooms in operation as of June 30, 2024.

Lifestyle hotelier Atour reports a nearly 90% rise in Q1 revenues

05/24/2024|12:00:03 PM|

Retail business continued to thrive, up by 277.4%.

Chow Tai Fook invests in H World-affiliated firm to expand accommodation business

10/17/2024|6:25:31 PM|

The investment marks Chow Tai Fook’s strategic move to further tap into customer segmentation in niche markets.

H World faces a setback in Europe as 14 properties switch to Marriott brand

10/12/2024|6:06:51 PM|

The rebranding marks a step for Marriott’s expansion in Europe but it holds a different significance for H World.

China outbound tourism takes flight; Fairfield by Marriott expands with new hotel | Daily Brief

04/24/2024|6:26:33 PM|

Lufthansa evaluates new China routes amid slow recovery in capacity; China Eastern partners with Amadeus for NDC distribution.

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