Search results for “soft brand”
Radisson execs see Chinese inroads with owner Jin Jiang
04/12/2019|12:00:00 AM|
From a system compatibility view, the 150 million members of Jin Jiang plus the 22 million on the RHG side is a huge exercise.”
OYO China CFO: We’ll have clear models for hotel operation and profitability
03/04/2019|8:57:29 AM|
"We know that speed, manpower efficiency and scalability are equally important. What’s not going to happen this year is that we will only manage to keep 5,000 of the 10,000 hotels we signed in 2018."
Fosun Tourism turns around net profit to RMB 389.1 million in 2018
03/18/2019|8:35:15 AM|
Gross profit increased by 86.4% from RMB2,830.3 million in 2017 to RMB5,276.0 million in 2018. Adjusted EBITDA increased from RMB746.3 million in 2017 to RMB2,073 million in 2018.
China's hotel group Huazhu CEO teases launch of new brand
03/20/2019|9:49:21 AM|
Huazhu Group’s CEO discussed a new hotel turnover metric as well as plans to launch a new brand in the next few weeks.
Best Western plugs luxury gap by buying WorldHotels
02/19/2019|5:24:59 PM|
A proliferation of soft brands, online travel agencies, homesharing players offer independent hotels new distribution and marketing choices, but are intensifying the competition for players such as WorldHotels.
Chinese hotel giant Huazhu Group reports 22.3% growth in 2018 revenue
03/15/2019|9:04:59 AM|
For the full year of 2018, net revenues from leased and owned hotels were $1,087 million, representing a 17.9% year-over-year increase; net revenues from manachised and franchised hotels were $367.5 million, a 36.6% year-over-year increase.
Uplift raises $123 million to broaden its travel loan services
01/24/2019|2:57:07 PM|
Consumers with high credit scores are increasingly tempted into splurging on luxury trips if companies lend them credit on attractive terms, said an executive at Uplift.
All you need to know about hotel guest loyalty
01/18/2019|3:43:55 PM|
There’s a lot of talk in the travel industry these days that travelers aren’t loyal to hotel brands anymore; it’s all about price and perks. But is this really true? Does hotel guest loyalty exist without paying for it—and if so, how?
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