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Chinese Hotel Company's Recovery Shows How Fast Travel Demand Can Snap Back – Skift


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One of China’s biggest hotel operators recently began to consistently outperform pre-pandemic business levels across its entire portfolio. The rest of the world should take note.
Shanghai-based Huazhu which has nearly 7,000 hotels across brands like Joya and HanTing in China as well as Steigenberger Hotels in Germany moved from operating at just over half of pre-pandemic rooms revenue in February to 95 percent a month later, company leaders reported this week. Over the Labor Day holiday in China earlier this month, Huazhu’s hotels averaged a 25 percent increase in business from 2019. ....

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