Search results for “Huazhu”
Huazhu Group reports 18% RevPAR decline from pre-pandemic level
10/28/2021|12:57:38 PM|
The blended RevPAR of Legacy-Huazhu during the Golden Week recovered to only approximately 82% of the 2019 level.
Chinese hotel giant H World posts 63.5% increase in Q2 revenue and raises expectation for the full year
08/24/2023|6:54:29 PM|
For Legacy-Huazhu business, RevPAR in Q2 2023 recovered to 121% of the Q2 2019 level.
China suspends group travel to provinces; Huazhu Group changes CEO | Weekly Review
09/19/2021|10:26:40 PM|
Club Med eyes expansion in Southeast Asia; Tougher EU airport slot rules trigger Asia retaliation threat.
Huazhu president: new signings hit a record high in H1
09/08/2021|11:46:40 AM|
This is despite the fact travel restrictions in the latter part of Q2 had negatively impacted new signings and construction progress.
H World shows faith in lower-tier cities residents’ spending power
08/29/2023|3:35:34 PM|
Lower-tier cities in China offer a massive growth potential, especially considering the fact that around 70% of China’s population resides in these locations.
Hilton expands in China with multiple signings; Trip.com presents AI assistant TripGenie | Weekly Review
07/29/2023|11:24:30 AM|
H World recovers to 121% of pre-pandemic business level in Huazhu operation; FREED GROUP closes Pre-C financing round.
China’s hotel chain Zhiding Yuemei files for U.S. IPO; Meituan posts $644 million net profit in Q2 | Weekly Review
08/26/2023|10:41:49 AM|
Hilton bets on China’s middle class as it eyes about 730 hotels in next 10 years; Trip.com Group forms joint venture with Japan's JTB.
Hotel giant H World posts 63.5% increase in Q2 revenue; Group tours return to Japan but ‘explosive spending’ unlikely | Daily Brief
08/24/2023|7:02:32 PM|
Hotel chain Zhiding Yuemei files for U.S. IPO; China’s civil aviation passenger transport scale reaches new heights.
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