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…
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…
GreenTree revenue falls on weakness in hotel, restaurant businesses
Budget hotel operator GreenTree Hospitality Group Ltd. (GHG.US) on Tuesday reported its revenue fell 14% in the first quarter of 2026, as both its hotel and restaurant business declined amid…
Struggling Shimao looks on as creditors move in on its trophy Hong Kong hotel
Its onshore and offshore bonds now restructured, the developer must still navigate its massive bank debt, likely requiring more asset liquidations Key Takeaways: Several creditor banks may be moving to…
BRIEF: Atour’s revenue jumps on momentum for retail, hotel management businesses
Hotel operator Atour Lifestyle Holdings Ltd. (ATAT.US) reported on Wednesday that its revenue jumped 47.5% to 2.81 billion yuan ($414 million) in the first quarter from 1.91 billion yuan a…
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…
GreenCloud lists into storm of Anthropic’s software valuation challenge
China's largest provider of hospitality property management systems (PMS) has filed for a Hong Kong IPO, as AI looks set to shake up its core software business Key Takeaways: GreenCloud…
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