Search results for “hotel report”
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.
MakeMyTrip gross bookings grow 16.9% in Q2 2017
10/26/2016|3:24:05 PM|
MakeMyTrip's gross bookings reached USD 493.5 million in Q2 2017, representing a YoY increase of 16.9%.
BTG Hotels net income surges 467.06% in Q3 2016
10/18/2016|11:51:55 AM|
Operating revenue rose 541.76% to RMB 2.176 billion and net income climbed 467.06% to RMB 143 million, according to the company’s third-quarter preliminary results.
Hotel room glut drives down room rate and revenue in China
08/03/2016|10:01:40 AM|
Hotel chains over-expansion has caused four in ten hotel rooms in China staying empty and is driving down room rate and RevPAR.
Joint Wisdom announces strategic deal with Shiji Information
10/18/2016|8:36:53 AM|
Hotel data specialist Joint Wisdom and PMS provider Shiji Information will cooperate on system services such as direct connect, PMS and revenue management.
Travel industry posts huge gains in top 100 Chinese brands valuation
09/18/2016|10:36:12 AM|
Study shows Air China ranks 19 in brand value, a YoY increase of 26%; Home Inn 74,a YoY increase of 3% and Ctrip 44, a YoY increase of 40%.
Marriott will have more hotels in China than the US in 5 years
10/07/2016|6:11:41 PM|
Marriott plans to open about 100 mid-scale hotels in China within next five years. This is expected to give the hotel group a bigger presence in China than in the United States.
Expedia gross bookings climb 21% in Q3 2016
10/28/2016|7:10:46 AM|
Expedia's gross bookings increased USD 3.2 billion or 21% YoY to USD 18.6 billion in the third quarter of 2016.
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