Search results for “hotel occupancy”
Mainland China accounts for 37% of Shangri-La's properties revenue in H1 2019
09/23/2019|5:35:36 PM|
Total revenue from Mainland China hotel properties for the first half of 2019 decreased 8.4% to USD 380.4 million, accounting for around 37% of the company's hotel properties revenue during the time.
Expedia on China strategies, Asia competition: Global strength vs local challenges
11/18/2019|10:44:11 PM|
The strategic shake-up of OTA giants will further intensify competition in the evolving market landscape.
Expedia Group prioritizes for travelers and partners
11/14/2019|10:25:12 AM|
Expedia Group is on a quest to provide stress-free, frictionless travel powered by AI and ML.
Huazhu to sustain expansion in upscale segment: CEO Jenny Zhang
08/28/2019|5:47:56 PM|
The hotel group expects revenue generation from its mid-scale and upscale hotel segments to go up further with aggressive development.
Chinese leisure accommodation startup SpaceBox bags over RMB 10 million
07/11/2019|10:08:09 AM|
SpaceBox provides integration solutions for individual hotels targeting younger people.
Franchise Hotel Qingzhu secures three financing rounds in H1 2019
07/30/2019|3:04:23 PM|
Qingzhu has signed a total of 2,000 hotels and aims to have 4,000 by the end of this year.
Chinese star-rated hotels generate 52.58 billion yuan in Q4 2018
07/29/2019|11:18:38 PM|
In Q4 2018, the ARR of China’s star-rated hotels was 356.34 yuan per room night, up by 1.17%; the AOR was 57.43%, down by 0.50% and RevPAR was 204.63 yuan, up by 0.66%.
Amadeus addresses four converging trends to sustain its edge
08/09/2019|6:31:36 PM|
Consumer channels, distribution integration, merchandising and emerging technologies are shaking up the travel sector.
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