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After an arduous hotel RFP season, lessons learned

After an arduous hotel RFP season, lessons learned

Raising the rate shouldn't be the tactic. The tactic should be the conversation.

06/28/2023|11:54:53 AM|BTN
Hilton checks in as the world’s most valuable hotel brand

Hilton checks in as the world’s most valuable hotel brand

Among the Top 50 hotel brands, 4 of them come from China.

06/16/2023|6:46:54 PM|Brand Finance
H World strengthens its direct bookings pie

H World strengthens its direct bookings pie

Direct bookings through H World CRS (central reservation system) increased from 47% to 62% of the 2019 level in Q1 this year.

06/01/2023|1:46:37 PM|Ritesh Gupta, ChinaTravelNews
Chinese hotel giant H World rakes in six-fold return as it sells minor stake in OYO

Chinese hotel giant H World rakes in six-fold return as it sells minor stake in OYO

H World’s partial exit translates to a 500% gain and values the company’s remaining stake at over $36 million.

05/31/2023|2:27:09 PM|Skift
Chinese hotel giant H World registers 67% rise in Q1 revenue

Chinese hotel giant H World registers 67% rise in Q1 revenue

For Legacy-Huazhu business, RevPAR in Q1 2023 recovered to 118% of the Q1 2019 level.

05/30/2023|11:46:28 AM|ChinaTravelNews
Mandarin Oriental plans global expansion for Exclusive Homes

Mandarin Oriental plans global expansion for Exclusive Homes

Mandarin Oriental Exclusive Homes’ portfolio has grown by 150% in 12 months.

05/25/2023|12:03:53 PM|Short Term Rentalz
Hotel group Atour Lifestyle posts over 70% rise in first-quarter revenue

Hotel group Atour Lifestyle posts over 70% rise in first-quarter revenue

Retail and related incomes accounted for 18% of Atour's total revenue in the quarter.

05/19/2023|10:17:38 AM|ChinaTravelNews
Hoteliers anticipate Chinese travelers will help Saudi Arabia meet its tourism goals

Hoteliers anticipate Chinese travelers will help Saudi Arabia meet its tourism goals

Saudi Arabia’s Vision2030 objective of welcoming 100 million visitors per year could be satisfied purely from the 10% of the Chinese population that holds a passport.

05/18/2023|3:24:36 PM|CoStar
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