China Hotel Revenue Stumbles as Domestic Travelers Choose Cheaper Stays

CNBC Finance reports that the Chinese tourism sector is losing its momentum as domestic travelers tighten their budgets. While the industry previously served as a rare economic highlight, major hotel chains like Hilton now report falling revenue per available room as localized pr

CNBC Finance reports that the Chinese tourism sector is losing its momentum as domestic travelers tighten their budgets. While the industry previously served as a rare economic highlight, major hotel chains like Hilton now report falling revenue per available room as localized pr