Search results for “RevPAR”
Hostel brand ShiLiLi raises RMB 100 million
02/14/2017|9:18:45 AM|
Honeymoon accommodation and hostel brand ShiLiLi announced in a Shenzhen press conference today that the company received RMB 100 million last November.
Data on its own isn’t enough, make it part of an organization’s culture
02/09/2017|3:29:24 PM|
Data alone cannot provoke change - rather accessibility, acting on it, customer support, training, incentivizing employees and ending up with the development of a customer-centric culture is key, says RJ Friedlander, CEO of ReviewPro.
Five-star hotels have the highest occupancy rate in Q3 2016
01/10/2017|2:36:56 PM|
In Q3 of 2016, there are altogether 10,488 hotels were audited provincial tourism administrations. Five-star hotels in 16 provinces had higher average occupancy rate than the national average of 62.24%.
It’s not just about big data, leverage small data, too
01/05/2017|9:17:34 AM|
Small data results from internal resources like PMS, channel manager, website etc. Hotels need to consider the quality and utility of small data, before looking deep into big data, intelligence and analytics.
Net profit of Jin Jiang totals RMB 736m in three quarters
11/02/2016|10:03:43 AM|
Jin Jiang Group’s subsidiaries Jin Jiang Hotels Development, Jin Jiang Investment, Jin Jiang Travel registered a total of RMB 736 million net profit in Q3 2016.
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.
Jin Jiang, Homeinns upgrade budget hotels to mid-range
10/18/2016|1:18:28 PM|
Hotel companies Homeinns and Jin Jiang remodeled some of their existing economy hotels to midscale hotels to overcome problems in finding properties and increase RevPAR.
Home Inn registers AOR of 83.2% in H1 2016
08/31/2016|6:44:45 PM|
The average room rate of Home Inn in the first half of this year was RMB 160.72 per night; the average occupancy rate reached 83.2% and RePAR was RMB 133.76, according to the interim financial results released on August 30.
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