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Transcript of State Councilor and Foreign Minister Wang Yi’s Exclusive Interview with Reuters

Since Jin Jiang International acquired a majority stake in Radisson Hotel Group last year, the latter’s loyalty program, Radisson Rewards, has been collaborating with the former’s booking platform WeHotel and loyalty program WeHotel Prime.

Among the Top 25 Markets, Minneapolis/St. Paul, Minnesota, registered the largest increase in RevPAR (+13.5% to US$123.21), due primarily to the largest lift in ADR (+8.2% to US$141.35). The market saw the second-highest rise in occupancy (+4.9% to 87.2%).

OYO Hotels & Homes, a lodging operator backed by SoftBank’s Vision Fund, is betting the same formula that fueled the company’s rapid growth in India and China can work in the U.S.

Spain-based global bedbank Hotelbeds has launched the Chinese version of hotel extranet Maxiroom.

A Series A round of €3 million will be heading the way of MagicStay following financial backing from a group of individual investors.

Hyatt Hotels Corp. and BTG Homeinns Hotels Group revealed the name of their upcoming upper-midscale brand.

Baidu, one of the biggest internet giants in the world and China’s top search engine, recently released its hotel ads product across multiple platforms.

Types of ownership can be crucial determining factors in hotel firm performance.

Hotel chain OYO has partnered with Meituan Hotels, the hospitality service housed under the eponymous Meituan platform, reports Sina Tech.

According to recent data from Hotelbeds, 28% of its European hotel reservations from non-European, long-haul source markets, up from around 25% in 2018.

Airbnb Plus is poised to expand in China, as a growing number of independent travelers seek home-sharing to enjoy more local experiences, and many are demanding more from hosts.

Huazhu Group, a leading and fast-growing multi-brand hotel group in China, today announced its unaudited financial results for first quarter ended March 31, 2019.

Hyatt Hotels Corporation announced it is creating a dedicated lifestyle division that includes its own lifestyle brands as well as those from recently acquired Two Roads Hospitality.

The new TWA Hotel at New York’s JFK Airport has its own self-sufficient power plant, meaning it doesn’t draw in electricity from the city’s power grid, The Wall Street Journal reports. The power plant allows the hotel to generate electricity and heat water on its own.

Hoteliers are preparing their staffs and properties for summer business, reports HNN’s Dana Miller. They’re updating public spaces, sprucing up their gardens and adding programming.

The U.S. hotel industry saw occupancy increase 0.8% to 70.8% during the week of 12-18 May, and a 1.4% ADR increase to $134.36 pushed RevPAR up 2.2% to $95.13.

It has been a little more than two years since Accor created its lifestyle division.

GreenTree Hospitality Group recently announced that it has entered into a Strategic Cooperation and Investment Agreement with the Urban Hotel Group, an owner and operator of hotels and cafes in China.