188bet Live Casino releases 2017 semi-annual report: revenue 7.USD 8.8 billion,Greater China has the fastest growth rate

Big accommodation Author of this 188bet Live Casino: Wang Yanchao 2017-08-09
188bet Live Casino releases financial report for the first half of 2017,Financial report shows 188bet Live Casino’s global first half revenue 7.US.8 billion, a year-on-year increase of 4%,The average revenue per available room (RevPAR) increased by 2 year-on-year.1%,Operating profit increased by nearly 7% to 3.USD 6.5 billion,Profit before tax 3.USD 2.6 billion。

Zhihui’s message on August 8,188bet Live Casino releases financial report for the first half of 2017,Financial report shows 188bet Live Casino’s global first half revenue 7.US.8 billion, a year-on-year increase of 4%,The average revenue per available room (RevPAR) increased by 2 year-on-year.1%,Operating profit increased by nearly 7% to 3.USD 6.5 billion,Profit before tax 3.USD 2.6 billion。Another reason for the revenue growth is the net increase in the number of rooms of 188bet Live Casino in the first half of the year.7%,New 2.30,000 rooms put into operation。June this year,188bet Live Casino launches a new mid-range hotel brand in the US market。

188bet Live Casino Global CEO Bai Siyuan said,"As the company's new CEO,I am very glad that we achieved such impressive results in the first half of the year。My work will center on focusing on the company's continued rapid growth,Increase various resource investments in the most promising markets,Strengthen our brand,Consolidating our leading membership program,And enhance our competitive advantage through technological innovation。We will continue to focus on improving cost efficiency to obtain capital for reinvestment,will also combine our cash-generating business model and capital allocation to create strong returns for investors。Although macroeconomic and geopolitical uncertainties remain challenges facing the industry,But we are still optimistic about the prospects for 2017。”

Greater 188bet Live Casino has become the fastest growing market

Overview of the global market,The overall performance of Greater China continues to strengthen。Greater China revenue in the first half of the year was US million, a year-on-year increase of 5.5%,Operating profit before special items was US million, an increase of 15% year-on-year,Greater China’s performance has the fastest growth rate among all major regions。RevPAR increased by 4 year-on-year.1%,Promoted by strong corporate business and conference needs,The average revenue per available room for sale in first-tier cities, especially Shanghai, increased by 5% year-on-year.4%。Surprisingly,Benefit from the stable conference market、Enhancement of leisure travel and newly opened 188bet Live Casino,二、三、The occupancy rate of 188bet Live Casino in fourth-tier cities continues to increase,Average RevPAR increased by 5.2%。

In addition to outstanding overall performance,Newly opened 188bet Live Casino in Greater China in the first half of the year are also worthy of attention。Among all 16 newly opened 188bet Live Casino,Includes the 300th hotel -- HUALUXE Zhangjiakou Rongchen,The 40th InterContinental Hotel - Jinan Luneng Guihe InterContinental Hotel and the first batch of Holiday Inn Express 188bet Live Casino under the franchise model。

The number of contract signings in Greater China in the first half of this year hit a record high,A total of 46 188bet Live Casino have been signed (10,000 rooms),Including InterContinental hotel projects in downtown Guangzhou and Zhengzhou, etc.。The most noteworthy thing is,Since the launch of the Holiday Inn Express franchise model, it has been widely favored by the industry,Promoted the brand to lead the rapid development of the mid-range hotel market。January to June,New signings in Greater China include a total of 34 Holiday Inn Express 188bet Live Casino under 24 franchise models and 10 management models,Bringing the number of Holiday Inn Express 188bet Live Casino under construction in the region to 115。

188bet Live Casino owns seven famous hotel brands in Greater China,Including: InterContinental Hotels & Resorts、Crowne Plaza Hotels & Resorts、Hualux Hotels & Resorts、Hotel Indigo、Holiday Inn、Holiday Inn Resorts and Holiday Inn Express。First half of 2017,188bet Live Casino launched the 2012 Born in the United States to owners in Greater China,A brand that provides a comprehensive healthy lifestyle -- EVEN Hotel。

Continue to focus on the traditional 188bet Live Casino market

In recent months,Hotel giants are investing in the non-standard accommodation market,There was a series of transactions in the first half of the year。To varying degrees,Hyatt Hotel、AccorHotels、Wyndham Hotel Group is taking the lead。However,Not every company is convinced of this argument。188bet Live Casino is one of the most traditional large hotel chains,It says it won’t be involved in an investment or acquisition spree anytime soon。Opposite,The company plans to continue focusing on expanding its core hotel business,The new mid-range hotel brand released in June is the best example。

As of the end of June,188bet Live Casino operates a total of 5221 hotels around the world,303 hotels have been opened in Greater China,The number of hotels under construction reaches 262。

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