Search results for “RevPAR”
Huazhu posts bigger loss in Q1, expects revenue to drop 2%-6% in Q2
05/31/2022|6:06:41 AM|
Revenue excluding DH is expected to decline 23% to 27% in the second quarter, mainly due to large impacts from Omicron variant outbreak in China.
Huazhu projects Q4 revenues to surpass previous guidance
01/25/2021|3:16:28 PM|
RevPAR of the Legacy-Huazhu hotels (excluding Deutsche Hospitality) for the fourth quarter was RMB 186, down by 2.4% year-over-year, but up from RMB 179 in the previous quarter.
Huazhu domestic business significantly interrupted by large scale COVID outbreak
05/07/2022|12:10:42 AM|
Overseas business Legacy DH has been experiencing continuous RevPAR recovery since Germany unfolded its opening-up plan in mid-February.
China hotel trends report: Hoteliers express stronger confidence for Q1
02/03/2021|2:42:45 PM|
12% of respondents expected hotel average occupancy rate to surpass 2019 level.
GreenTree Hospitality reports 67.2% core net income decrease in Q4 2021
05/12/2022|11:14:41 AM|
RevPAR was RMB117, a 8.7% decrease compared with RMB129 in the fourth quarter of 2019.
Hotel giant Huazhu reports 25.4% revenue rise, $73 million net loss for 2021
03/24/2022|3:22:41 AM|
2021 was another challenging year due to COVID-19, especially in the second half.
Huazhu strengthens its presence in 200 new cities in China
03/24/2022|10:35:26 PM|
From 865 cities in 2020 to the future target of 2200, the hotel company’s aggressive expansion is being demonstrated by sharply rising city coverage.
Asian Games 2022 postponed; US OKs China Eastern rerouting | Weekly Review
05/08/2022|5:50:59 PM|
Shanghai COVID outbreak shows signs of waning; Trip .com reveals latest ownership structure.
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