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GreenTree announces potential acquisition of restaurant business

05/03/2022|2:53:40 AM|

GTI wants to sell its existing restaurant business to GreenTree Hospitality.

Tencent-invested OTA sees slight rise in revenue; China relaxes some travel rules | Weekly Review

05/22/2022|1:06:35 PM|

Shanghai aims to end Covid lockdown in June; Boeing’s top Chinese customer removes 737 Max from fleet plans.

Hotelier to buy restaurant chains; Airlines in Shanghai partly resume services | Daily Brief

05/17/2022|6:47:02 AM|

Beijing’s Covid-19 wave unlikely to grow into mass outbreak; Tourism in China evolves, promising new experiences.

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.

GreenTree total revenues grow 21.4% to $137.4 million in 2018

03/14/2019|7:56:10 PM|

In 2018, ADR was RMB164, an increase of 4.5% year-over-year; occupancy rate was 82.1%, a decrease of 0.5% year-over-year; RevPAR was RMB135, representing a 3.8% year-over-year increase.

Visa: Chinese tourists among top five spenders globally

07/16/2018|3:41:35 PM|

Travelers expect to spend more in upcoming trips, with the highest likely increase in the Asia Pacific.

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