Q1 RevPAR exceeded pre-COVID levels for the first time.
Hilton opened 91 hotels worldwide and achieved net unit growth of 13,300 rooms.
The group is counting on rate and net-unit growth to stay competitive and afloat amid the myriad headwinds still facing the hotel industry.
The overall aim is to leverage the regional expertise of both hotel groups to enable the development of their respective brands within China and Southeast Asia.
Work-from-home helped OTA reduce quit rates by more than a third; Hotel companies can’t quit China even after pandemic lockdowns.
Hong Kong to cut hotel quarantine with health code; Greater Bay Airlines gets airborne in low-key launch.
Shanghai Haichang Ocean Park has opened the first Ultraman-themed pavilion in the world.
Louvre Hotels enters Hungary; Space tourism is looking for liftoff in China.