Search results for “hotel rate”
Huazhu net revenue rises 14.2% to $356 million in Q1
05/23/2019|7:31:53 AM|
Hotel turnover increased 17% to RMB7.2 billion. Net revenues from manachised and franchised hotel were RMB1.7 billion (US$257 million), representing a 15.2% year-over-year increase.
Meituan reports 43.2% rise in in-store, hotel & travel businesses revenue in Q1
05/23/2019|5:22:19 PM|
GTV of the in-store, hotel & travel businesses grew by 15.1% to RMB46.4 billion in the three months ended March 31, 2019.
MakeMyTrip revenue and bookings up more than 25%, operating losses down more
05/22/2019|2:26:58 PM|
The execution of our strategies has allowed us to improve on our market share and drive strong growth rates across gross bookings, adjusted revenue and standalone hotels online room nights.
Accor Hotels holds 10.2% and Ctrip holds 7.5% equity of Huazhu
04/22/2019|6:10:46 PM|
As of December 31, 2018, Huazhu operated 4,230 hotels in China with hotel network covered 403 cities in 32 provinces and municipalities across China.
Fliggy spearheading “Global Fun” as part of Alibaba’s globalization strategy
03/06/2019|3:32:24 PM|
There is still much room for cross-brand synergy or consolidation under the umbrella of Alibaba.
Outbound travel can contribute up to 50% of revenue in 5-10 years: Ctrip CEO
05/24/2019|11:45:47 AM|
The online travel company is optimistic about driving both revenue growth and margin expansion by leveraging large market scale.
Guiddoo set to introduce new domain to woo travel agents in China
04/21/2019|1:50:53 PM|
The launch of Guiddoocn.com in the next couple of weeks will deliver 5,000-plus excursions at destinations for booking by small and medium travel agents across China.
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%.
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