【Goldman Sachs Downgrades China Lodging Group To Overweight】Goldman Sachs lowered shares of China Lodging Group to an overweight rating in a report released on March 12. Goldman Sachs currently has $26.20 price objective on the stock.
【Accor CEO Sébastien Bazin Gets Tough On OTAs】Sébastien Bazin, chairman and CEO of Accor, was the most vocal. Buoyed by his recent decision to split the company into two business units, he said Accor is now able to regain ground from the OTAs.
【Accor CEO Sébastien Bazin Gets Tough On OTAs】Sébastien Bazin, chairman and CEO of Accor, was the most vocal. Buoyed by his recent decision to split the company into two business units, he said Accor is now able to regain ground from the OTAs.
【China Lodging Group, Home Inns Follow Travelers Overseas】As global hotel chains move into China, Chinese hotel groups such as China Lodging Group and Home Inns Group are following the soaring number of outbound tourists by expanding beyond the country’s
【China Lodging Group, Home Inns Follow Travelers Overseas】As global hotel chains move into China, Chinese hotel groups such as China Lodging Group and Home Inns Group are following the soaring number of outbound tourists by expanding beyond the country’s
【IHG Profits Hit By Taxes, Sells Mark Hopkins】Over the last 12 months IHG has agreed to dispose of three owned InterContinental hotels, with total gross proceeds of almost US$830 million.
【IHG Profits Hit By Taxes, Sells Mark Hopkins】Over the last 12 months IHG has agreed to dispose of three owned InterContinental hotels, with total gross proceeds of almost US$830 million.
【With Q4 Profit Down, Starwood Details Asset Sale, Capex Plans】In a conference call with analysts on Thursday Starwood said it is seeing the hotel buyers market around the world deepen amid questions about the pace of its asset sales.
【With Q4 Profit Down, Starwood Details Asset Sale, Capex Plans】In a conference call with analysts on Thursday Starwood said it is seeing the hotel buyers market around the world deepen amid questions about the pace of its asset sales.
【China's Five-Star Hotels Are Desperate For Lower Ratings】The five-star rating, once a halo guaranteeing profits for Chinese luxury hotels, is losing its glamour as the country s ruling party bans consumption in upscale accommodations at public expense.
【China's Five-Star Hotels Are Desperate For Lower Ratings】The five-star rating, once a halo guaranteeing profits for Chinese luxury hotels, is losing its glamour as the country s ruling party bans consumption in upscale accommodations at public expense.
【Starwood CEO Says Hotel Occupancy At High】Starwood Hotels & Resorts' North American hotel occupancies are at a record, giving the owner of the Sheraton and W brands greater ability than ever to raise rates in the region, CEO Frits van Paasschen said.
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