Search results for “China Lodging”
China Lodging Group net income jumps 31.4% in Q3 2016
11/15/2016|12:46:27 PM|
China Lodging Group (Huazhu Hotels Group) reported net income growth of 31.4% to RMB 293.9 million (USD 44.1 million) in Q3 2016.
Ctrip ventures into hotel management by launching Rezen Hotels Group
10/10/2018|8:42:03 AM|
The launch of Rezen Hotels, Ctrip’s first high-end hotel brand, marks the group’s strategy to branch out to the high star-rating hotel sector.
Economy hotels form 87.3% of China’s accommodation supply in 2017
08/16/2018|8:33:13 AM|
By the end of 2017, China registered 457,834 accommodation facilities and 16,770,394 guest rooms. About 69% of them were hotels and 31% were alternative accommodations.
China Lodging keen on sustaining growth, plus better margin
08/19/2016|5:33:26 PM|
China Lodging Group is optimistic that the key performance metrics would continue to show upward movement buoyed by quality of the product and a diverse brand mix.
China Lodging Group grows robustly in mid- and up-scale RevPAR
08/16/2016|9:22:10 PM|
Occupancy rate was 85.2% in Q2 2016, compared with 85.8% in Q2 2015. The slight decrease was due to lower occupancy in lower-tier cities.
Tujia, SiteMinder to better B&B management experience for overseas hosts
07/23/2018|2:09:25 PM|
Before the announcement, thousands of lodging listings on Tujia's platform already utilized SiteMinder, so this new partnership is sure to provide hosts with better management experience.
Tencent leads new funding in OYO, Chinese spends $45 billion to escape heat, and more
08/06/2018|11:58:59 AM|
Tencent Holdings is likely to inject $300-500 million into OYO Rooms. This summer, Chinese tourists will make about 500 million trips in July and August, and are expected to spend more than $45 billion.
Huazhu ranked 4th globally, Meituan files for IPO, and more in ChinaTravelNews Briefing
07/09/2018|10:48:48 AM|
AccorHotels’ shareholder Huazhu surpassed IHG in market capitalization as the world’s fourth highest valued hospitality group. Tencent-invested e-commerce and travel firms Meituan and Tongcheng Elong filed for Hong Kong listings.
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