Shangri-La profit picks up on rebounding China market
The hotelier said its operating profit rose 35% in the first half of 2026, accelerating sharply from a 6% rise for all of 2025 Key Takeaways: Shangri-La Asia’s profit growth…
Atour celebrates ‘Year of the Pillow’ with fluffy revenue growth
The hotel operator expects to report 35% revenue growth for all of 2025, up from a 25% forecast at the start of the year, thanks to strong performance for its…
A fintech lender rebound, and a hotel mess
Fintech lenders are entering a new golden era, with Jiayin reporting 46% growth for its core consumer lending business in last year's fourth quarter and forecasting similar gains this year. What's driving this rebound? And hotelier H World is still trying to fix a German acquisition from 2019 that wiped out its profit in the fourth quarter of last year. Will the Chinese hotelier be able to turn around this money-losing offshore asset?
Overseas losses put wrinkle in H World’s welcome mat
The hotel operator’s overseas revenue grew last year, but its widening losses sharply dragged down the company's overall profit Key Takeaways: H World reported its profit dropped nearly 27% in…
Atour glides as economic slowdown fails to dent Chinese travel demand
The mid- to upscale hotel brand’s revenue rose 93% in the third quarter, as nearly all of its major metrics exceeded pre-pandemic levels Key Takeaways: Atour’s revenue nearly doubled and…
Why investors are waiting to check into GreenTree Hospitality
After a big rally for its stock in July as the hotel operator added restaurants to its business menu, the company’s latest financial results received a more cautious reception Key…
FAST NEWS: H World’s revenue per room reaches 121% of pre-pandemic levels
The latest: Hotel operator H World Group Ltd. (HTHT.US; 1179.HK) reported Tuesday that revenue per available room (Revpar) for its legacy Huazhu business in the second quarter reached 121% of pre-pandemic levels in 2019.…