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H World shows faith in lower-tier cities residents’ spending power

H World shows faith in lower-tier cities residents’ spending power

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.

08/29/2023|3:35:34 PM|Ritesh Gupta, ChinaTravelNews
China’s hotel construction pipeline nears record high

China’s hotel construction pipeline nears record high

Upscale and upper-midscale projects are particularly active, with new hotel openings forecasted to grow.

08/25/2023|1:53:34 PM|TravelDailyNews
Chinese hotel giant H World posts 63.5% increase in Q2 revenue and raises expectation for the full year

Chinese hotel giant H World posts 63.5% increase in Q2 revenue and raises expectation for the full year

For Legacy-Huazhu business, RevPAR in Q2 2023 recovered to 121% of the Q2 2019 level.

08/24/2023|6:54:29 PM|ChinaTravelNews
Family the focus for hotels during key vacation season

Family the focus for hotels during key vacation season

Many hotels are going beyond their traditional role as accommodation providers by offering experience-stays for their guests.

08/21/2023|3:32:46 PM|China Daily
Lifestyle hotel group Atour doubles its revenue in Q2

Lifestyle hotel group Atour doubles its revenue in Q2

Scenario-based retail revenues accounted for 19% of total revenues.

08/17/2023|8:09:34 PM|ChinaTravelNews
IHG reports 17% RevPAR growth, with China market contributing only 7% of revenue

IHG reports 17% RevPAR growth, with China market contributing only 7% of revenue

In Q2, the Greater China region's Revenue Per Available Room (RevPAR) doubled compared to the same period last year.

08/17/2023|2:53:06 PM|ChinaTravelNews
Hilton and Accor’s development partner in China has problems threatening the global economy

Hilton and Accor’s development partner in China has problems threatening the global economy

For now, there is an expectation that Country Garden's issues remain largely isolated to the housing side of the business and that hotels won't be affected.

08/16/2023|3:35:39 PM|The Points Guy
Wyndham sees modest weakening for budget hotels as trends normalize

Wyndham sees modest weakening for budget hotels as trends normalize

Wyndham opened another 3,000 direct China rooms this quarter, driving a 13% China direct net room growth.

08/06/2023|12:47:30 PM|Skift
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