Search results for “occupancy”
Luxury hotel expansion filters down to second-tier cities amid market slowdown
02/03/2015|11:36:17 AM|
Increasing globalization and economic prosperity in second-tier cities Chengdu and Wuhan has spurred demand for luxury services, especially hotels.
Vienna Hotels invites Series C financing to pave way for IPO
02/26/2015|3:37:15 PM|
Vienna Hotel wants a Series C financing round this year to raise at least RMB1 billion and pave the way for an IPO in 2017.
Hotels in China need to embrace cloud based offerings in distribution technology
01/19/2015|8:47:30 AM|
The mindset of hoteliers in China is changing towards integrated solutions with one source of data flowing in real time between systems improving distribution efficiency and enhancing the guest experience through the booking process.
China’s hotels register 58.31% AOR in Q3
12/30/2014|5:24:39 PM|
China’s star-rated hotels had total revenues of RMB54.816 billion at average occupancy rate (AOR) of 58.31% in Q3 of 2014.
Home Inns launches mid-range Home Inn Plus brand
02/06/2015|10:14:26 AM|
The new Home Inn Plus was featured alongside Home Inn’s existing mid-range hotel brands, Yitel, in the last Shanghai Biennale.
Embracing the digital transformation in China’s travel market
03/25/2015|10:19:49 AM|
To gain a better position in this eco-system, airlines have to embracing the digital transformation to refine their business model as well as the way they deal with customers and partners.
Chinese company acquires LAX Marriot
12/29/2014|11:05:01 AM|
China XLD Group’s acquisition of the Los Angeles Airport Marriot for US$165 million is the second Marriot acquisition for the group in a year.
Beijing’s tourism industry leads 2014 rankings
12/19/2014|10:30:01 AM|
Forbes China shortlisted 100 cities with the highest tourism revenues for its list and used six weighted indexes for the ranking.
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