Search results for “hotel ADR”
Hotel bookings through global distributors and suppliers down 80% in early April
04/23/2020|11:27:14 AM|
STR projects that China hotels will recover to only 90% of 2019’s level of occupancy, ADR and RevPAR by 2021.
Shanghai Disney testing parade for reopening; Klook furloughs hundreds | Weekly Review
04/25/2020|6:12:10 PM|
Parent of Chinese OTA Tongcheng-Elong denied speculation about mass layoffs; A study finds COVID-19 will dent China's total tourism income by a third this year.
May holiday flight sales plummets; Tuniu completes most travel refunds | Daily Brief
04/25/2020|11:54:59 AM|
Hong Kong's daily visitor arrivals declined to less than 100 persons in early April; Shanghai Disney is testing parade and more for reopening.
Huazhu's net revenue rises 8.5%, same-hotel RevPAR down by 5.4%
03/27/2020|8:19:48 AM|
Huazhu is expected to close 350-450 hotels, including planned closure of 300-350 hotels and special closure of 50-100 hotels impacted by COVID-19.
Trip.com-invested hotel brand collapses; Airbnb halts marketing to save $800M | Daily Brief
03/31/2020|11:25:59 PM|
Airbnb will suspend all marketing activities in a move which will save USD 800 million a year; China saw a huge uptick in flight searches.
Virus may cost 75M travel jobs; Forward bookings show dramatic rebound | Weekly Review
03/28/2020|9:54:45 PM|
Hotel giant leverages equity investments to grow profit significantly last year; Chinese visitors to Japan plunge 87.9% in February.
Equity investments play a big part in hotel giant Huazhu's annual profit
03/27/2020|9:43:18 PM|
Same-hotel RevPAR growth has been going down for the past three years.
Upscale hotel group New Century reports a 144.1% jump in EBITDA
03/22/2020|8:59:45 PM|
The Chinese hotelier invested by Trip.com Group said it has "sufficient financial resources" to deal with coronavirus impact.
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