Search results for “hotel ADR”
Travelers hurry to book trips to Japan; ANA to expand service to China | Daily Brief
10/13/2022|12:15:38 AM|
China is setting the rules for driverless cars; Cathay Pacific is facing unprecedented staffing shortages.
Q2 proves to be turbulent as well as promising for H World
08/31/2022|5:18:06 PM|
The mixed performance came in considering that the company’s European operations recovered to attain 2019 levels, whereas H World continued to focus on maintaining a healthy cash position for its operations in China.
Hotel giant Huazhu reports 25.4% revenue rise, $73 million net loss for 2021
03/24/2022|3:22:41 AM|
2021 was another challenging year due to COVID-19, especially in the second half.
Corporate spend unicorn raise $140M; Ice-and-snow sector attracts $535M funding | Daily Brief
02/17/2022|11:54:08 PM|
Hong Kong's offline and virtual events platform EventX secures $18M; China hotel rates higher than 2019 level during Lunar New Year.
GreenTree Hospitality reports over 13% increase in gross profit for Q3 2021
01/13/2022|4:50:30 PM|
The average daily room rate for all hotels in operation was RMB 163, an increase of 7.7% from RMB151 in the third quarter of 2020.
Huazhu Group net loss narrows for the third quarter of 2021
11/25/2021|2:51:50 PM|
The occupancy rate for all Legacy-Huazhu hotels in operation was 71.9% in the third quarter of 2021, a decrease of 10 percentage points from the same period of 2020.
GreenTree Hospitality net income drops 14% in Q2
11/16/2021|6:44:58 PM|
The occupancy rate for all hotels in operation was 78.6%, an increase of 15.2 percentage points compared with the second quarter of 2020.
Huazhu Group reports 18% RevPAR decline from pre-pandemic level
10/28/2021|12:57:38 PM|
The blended RevPAR of Legacy-Huazhu during the Golden Week recovered to only approximately 82% of the 2019 level.
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