Digital, scale advantages lift H World Group to top of global hotel rankings
Hotel giant H World Group Ltd. (HTHT.US; 1179.HK) took the top two spots on a list of the world’s leading hotel brands in the latest rankings by “Hotels” magazine, reflecting…
H World’s results highlight pivot to higher-quality, asset-light growth
The strong full-year financials for China’s leading hotelier underscore improving domestic and overseas markets, as well as its strategic shift to a business model that improves profitability Key Takeaways: H…
GreenTree hit by travel slowdown, restaurant overhaul
The budget hotel operator’s revenue fell 7.1% in the first quarter, as gains for its core hotel business were wiped out by an overhaul for its newer restaurant operation Key…
Can pillow sales prop up Atour’s soft stock?
Investors were unimpressed by the hotel operator’s strong first-quarter profit growth, reflecting continued caution about the company's prospects Key Takeaways: Atour’s first-quarter profit surged more than 14-fold to nearly 260…
Delonix’s new Marriott tie-up hints at re-listing attempt post-pandemic
The high-end hotel operator, which delisted from Hong Kong in 2021, said it could open up to 100 boutique-style hotels from Marriott’s Tribute Portfolio brand over the next few years…
FAST NEWS: H World returns to black, forecasts slowing revenue growth
The latest: Hotelier H World Group Ltd. (HTHT.US; 1179.HK) announced last Friday it recorded a net profit of 1.31 billion yuan ($183 million) in the third quarter, reversing a net loss of…
Atour shines on tourism rebound, but ‘revenge travel’ likely to be fleeting
The hotel operator’s revenue per available room (revpar) rose above pre-pandemic levels in the first quarter, but the figure is likely to soften through the rest of the year Key…