Articles tagged “Huazhu”

Online Travel

Chinese Hotel Firm Rakes in Six-Fold Return as It Sells Minor Stake in Oyo

Not a bad payday, considering the partial exit yields a substantial six-fold return for H World Group. However, the heightened scrutiny on startup valuations has kept a lid on gains for Oyo.

Peden Doma Bhutia | 11 months ago

Chinese Hotel Firm Rakes in Six-Fold Return as It Sells Minor Stake in Oyo

Coronavirus

Major Chinese Hotel Company Dampens Recovery Outlook for Remainder of Year

Finally, a hotel leadership team is honest and admits the Delta variant is a real threat on the hotel industry’s recovery. Huazhu's candor is something the C-suites at Marriott, Hilton, and Hyatt should replicate.

Cameron Sperance, Skift | 3 years ago

Major Chinese Hotel Company Dampens Recovery Outlook for Remainder of Year

Coronavirus

China Hits Another Pandemic Roadblock in Hotel Recovery

China's drop in hotel performance due to an outbreak in the southern part of the country may only be temporary. But it is a reminder that travel's recovery momentum is erratic — even in a country with tough control measures and strong vaccine distribution.

Cameron Sperance, Skift | 3 years ago

China Hits Another Pandemic Roadblock in Hotel Recovery

Coronavirus

Chinese Hotel Company’s Recovery Shows How Fast Travel Demand Can Snap Back

Huazhu's massive one-month jump in revenue should be a giant jolt of optimism for hotel owners in struggling markets. People really do want to travel and book hotel stays once they get the all-clear on health and safety.

Cameron Sperance, Skift | 3 years ago

Chinese Hotel Company’s Recovery Shows How Fast Travel Demand Can Snap Back

Coronavirus

Fast-Growing Chinese Hotel Operator Atour Reportedly Picks U.S. for $2 Billion IPO

Business trumps geopolitical tension: Chinese companies like Atour can bring in more cash to expand back home by listing on the U.S. stock market rather than in China.

Cameron Sperance, Skift | 3 years ago

Fast-Growing Chinese Hotel Operator Atour Reportedly Picks U.S. for $2 Billion IPO

Tourism

What Do Asian Travelers Want in 2020?

In short, Asia's travelers are looking to go far, far from the madding crowd.

Raini Hamdi, Skift | 4 years ago

What Do Asian Travelers Want in 2020?

Hotels

Accor Sells Half of Its Stake in Huazhu as Chinese Partner Eyes Europe

Has Accor’s partnership with Huazhu worn out its usefulness given the Chinese hotel giant has built a strong positioning in the economy and midscale segments in China? Huazhu now wants to focus on luxury and upper upscale, along with international expansion starting in Europe.

Raini Hamdi, Skift | 4 years ago

Accor Sells Half of Its Stake in Huazhu as Chinese Partner Eyes Europe

Hotels

China’s Huazhu Group Is Spending $802 Million on a German Hotel Group

Deutsche Hospitality isn't a massive player on the European hospitality scene, but it has some pretty ambitious plans, ones you would assume that Huazhu would now be able to help execute.

Patrick Whyte, Skift | 4 years ago

China’s Huazhu Group Is Spending $802 Million on a German Hotel Group

Hotels

India Hotel Brand Oyo Rooms Attracts a $10 Million Strategic Investment From China Lodging Group

The 23-year-old CEO of loss-generating hotel aggregator Oyo Rooms has a business vision that has attracted total funding of $446 million to date. What could go wrong? Well...

Sean O'Neill, Skift | 7 years ago

India Hotel Brand Oyo Rooms Attracts a $10 Million Strategic Investment From China Lodging Group