Search results for “RevPAR”
Huazhu’s CEO extends support to franchisees
11/27/2021|11:00:55 AM|
The Chinese hotel company acknowledges that the going hasn’t been easy for its franchisees in certain areas and Huazhu has decided to revitalize the “weakened confidence” via certain financial relief.
Accor Q3 revenue back to 60% of pre-pandemic level, ‘moving two steps forward and one step back’
10/28/2021|2:17:17 PM|
RevPAR improved by 20 percentage points versus Q2 2021.
Huazhu Group reports a 82.3% occupancy rate in Q2
08/24/2021|10:35:00 PM|
The ADR was RMB255 in the second quarter of 2021, compared with RMB185 in the second quarter of 2020.
IHG reports only 0.1% net system size growth but focuses on brand development
08/10/2021|9:54:07 PM|
Total revenue in the first half of this year was only 1.18 billion, down by 6% YOY.
Huazhu president: new signings hit a record high in H1
09/08/2021|11:46:40 AM|
This is despite the fact travel restrictions in the latter part of Q2 had negatively impacted new signings and construction progress.
Tourism and hospitality sectors in China remain bullish despite Covid
09/08/2021|10:00:53 AM|
The upcoming holidays are expected to help boost business.
IHG's China business improves steadily while global occupancy stays in 20%-26%
04/27/2020|5:09:45 PM|
IHG expects Q1 Global RevPAR to decrease 25%, including a 55% decline in March.
Road trip startup wins funding; Cruise firm wants to hold expo at sea | Weekly Review
07/31/2021|11:34:45 PM|
Amadeus partners with Shiji in China; Hilton's China business is almost back to pre-Covid.
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