Search results for “Deutsche Hospitality”
Huazhu's net revenue rises 8.5%, same-hotel RevPAR down by 5.4%
03/27/2020|8:19:48 AM|
Huazhu is expected to close 350-450 hotels, including planned closure of 300-350 hotels and special closure of 50-100 hotels impacted by COVID-19.
May holiday flight sales plummets; Tuniu completes most travel refunds | Daily Brief
04/25/2020|11:54:59 AM|
Hong Kong's daily visitor arrivals declined to less than 100 persons in early April; Shanghai Disney is testing parade and more for reopening.
Huazhu's RevPAR drops 58% to RMB 75 in Q1
04/24/2020|2:56:42 PM|
The same-hotel occupancy rate declined 35.5 percent point in Q1.
Chinese hotel CEOs gear up for new normal, expect rebound by mid-Q2
03/28/2020|9:08:22 PM|
Senior executives from Plateno Group’s Xana Hotelle, 7Days Inn and Vienna Hotel Co. believe that they have weathered the COVID-19 storm with apt financial planning, and by responding with compassion.
Deutsche’s 51% buy of Zleep opens new markets to both
01/25/2019|5:01:41 PM|
The deal represents Deutsche’s debut in the Scandinavian market, as well as giving Zleep a foothold in central Europe.
Corporate travel to take a $560B hit; searches for flights up 138% | Daily Brief
03/02/2020|4:49:38 PM|
China allocated USD 814 million to support project construction in the cultural tourism industry; Singapore Airlines is cutting pay for management staff.
CEO Ji Qi foresees the future of Huazhu as a “world-class hotel company”
11/14/2019|9:59:36 AM|
The team, led by Qi and Jenny Zhang, is ready for a major leap after being in the business for 14 years. Huazhu is eyeing 10,000 hotels in 3-5 years, and sufficient scale in geographic areas outside China, too.
Huazhu net revenue increases by 10.4% to US$427 million in Q3
11/13/2019|9:40:27 AM|
Hotel turnover increased by 19% to RMB10 billion. Net revenues from leased and owned hotels were RMB2.1 billion, representing a 1.8% year-over-year increase.
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