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Hotels, Motels & Cruise Lines

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Huatian Hotel Group to dissolve Changsha-based hotel management unit

Monday, 20 Nov 2017 12:59am EST

Nov 20(Reuters) - Huatian Hotel Group Co Ltd <000428.SZ>:Says co plans to dissolve co's Changsha-based wholly owned hotel management unit .

Giant Network Group sees FY 2017 net profit up 12.35 pct to 17.03 pct

Monday, 30 Oct 2017 09:49am EDT

Oct 30(Reuters) - Giant Network Group Co Ltd <002558.SZ> ::Sees FY 2017 net profit to increase by 12.35 percent to 17.03 percent, or to be 1.2 billion yuan to 1.3 billion yuan.Says FY 2016 net profit was 1.1 billion yuan.The reason for the forecast is improved main business.

Hilton Worldwide estimates calendar shifts weighed on U.S. RevPAR by about 70 bps in qtr

Thursday, 26 Oct 2017 11:06am EDT

Oct 26 (Reuters) - Hilton Worldwide Holdings Inc ::Hilton worldwide says‍​ excluding impact of holiday shifts and weather, overall revpar trends generally in line with expectations this quarter - conf call.Hilton worldwide says‍​ calendar shifts displaced business travel and group demand in the quarter - conf call.Hilton worldwide says‍​ system-wide, estimate revpar benefits from hurricanes harvey and irma largely offset major calendar shifts for quarter - conf call.Hilton worldwide says‍​ estimate the 2 major calendar shifts negatively weighed on u.s. Revpar by approximately 70 basis points in quarter - conf call.Hilton worldwide says‍​ continue to expect full year 2017 revpar growth in the region to be in the mid- to high single digits for europe - conf call.

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