Search results for “occupancy”
H World shows faith in lower-tier cities residents’ spending power
08/29/2023|3:35:34 PM|
Lower-tier cities in China offer a massive growth potential, especially considering the fact that around 70% of China’s population resides in these locations.
Chinese hotel giant H World posts 63.5% increase in Q2 revenue and raises expectation for the full year
08/24/2023|6:54:29 PM|
For Legacy-Huazhu business, RevPAR in Q2 2023 recovered to 121% of the Q2 2019 level.
Russia goes visa-free with China; C919 maker to deliver 6-8 more home-grown jets this year | Daily Brief
07/26/2023|11:33:47 PM|
China’s top campuses reopen with a frenzy for limited visiting slots; Chinese businessmen to tour Cuba's main tourist destinations.
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.
Marriott Q2 RevPAR more than doubles in Greater China, raises full-year guidance
08/02/2023|7:30:47 PM|
The 2023 net room growth rate is expected to be between 6.4% and 6.7%.
China’s silver tourism market to hit $138.18 billion by 2025; WeChat accepts Visa cards to help foreign tourists in China | Daily Brief
06/29/2023|7:02:54 PM|
China Southern Airlines resumes mainland-New Zealand flights; Airbus delivers China-assembled aircraft to European airline for the first time.
Fosun Tourism posts 38% revenue rise; Boeing to deliver new 737 MAX to Chinese airlines | Daily Brief
08/29/2023|7:33:21 PM|
Global air tickets face potential price hikes as Chinese return to the skies; Didi’s smart EV division to be taken over by Xpeng.
China’s alternative accommodation industry in 2021: ADR falls below $48
01/28/2022|5:53:53 PM|
Over 75% of short-term rental properties saw revenue below RMB 1 million.
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