Search results for “RevPAR”
Huazhu better equipped to deal with ups and downs of the business cycle
06/02/2022|10:47:10 AM|
Taking care of its stakeholders and refining its sales strategy as per the demand being seen locally, the hotel company believes it is now better prepared to deal with uncertainty.
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.
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