Search results for “Huazhu Group”
Trip.com Group offers $500 million notes convertible to Huazhu ADS
07/13/2020|3:31:02 PM|
The OTA plans to use proceeds from the notes to repay existing debts.
China's Covid cases at four month low; Hotel giant changes name | Daily Brief
06/25/2022|5:05:21 AM|
China’s border controls show more signs of easing; Radisson Hotel Group plans 400% growth in Asia Pacific.
Chinese hotel giant Huazhu reaps 15% of annual revenue from overseas unit
04/25/2021|5:55:27 PM|
As of last year, Huazhu still held USD 897 million worth of investments in companies including Accor (USD 593 million) and OYO (USD 10 million).
Huazhu posts bigger loss in Q1, expects revenue to drop 2%-6% in Q2
05/31/2022|6:06:41 AM|
Revenue excluding DH is expected to decline 23% to 27% in the second quarter, mainly due to large impacts from Omicron variant outbreak in China.
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.
Huazhu restructures for global plan; Trip.com Group buys Dutch OTA | Weekly Review
05/23/2020|9:22:05 PM|
OYO has finally appointed a CEO for its China unit; The world's top 50 hotel brands are losing USD 14 billion in value.
Huazhu strengthens its presence in 200 new cities in China
03/24/2022|10:35:26 PM|
From 865 cities in 2020 to the future target of 2200, the hotel company’s aggressive expansion is being demonstrated by sharply rising city coverage.
Huazhu domestic business significantly interrupted by large scale COVID outbreak
05/07/2022|12:10:42 AM|
Overseas business Legacy DH has been experiencing continuous RevPAR recovery since Germany unfolded its opening-up plan in mid-February.
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