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…
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…
Can a Strong June Salvage H World Group’s Second Quarter Malaise?
Chinese hotelier is enjoying rising room rates and occupancies at its over 8,000 hotels, but that’s unlikely to offset a disastrous April and May Key Takeaways H World Group’s average…
Fosun Tourism Takes Off Globally, But Gets Grounded in China
Revenue from the Club Med operator’s resort operations quadrupled in the first quarter, as many countries reopened their borders to tourists Key Takeaways: Club Med operator Fosun Tourism reported a…
