Grand Hyatt Beijing Sample Clauses

Grand Hyatt Beijing. As the capital city and political centre of China, Beijing’s COVID-19 preventive measures were among the strictest in the country. In early 2021, there was a surge of COVID-19 cases in Shijiazhuang, capital of Hebei province. Due to its proximity to Beijing, strict precautionary measures were reinstated after Shijiazhuang’s outbreaks. International travellers have been an important source of revenue for Grand Hyatt Beijing. Due to the pandemic controls, entry visa and border controls for foreigners to China, especially Beijing, were very strict. The absence of foreign leisure and business travellers had impacted the financial performance of Grand Hyatt Beijing. The hotel is adjusting its strategies and offerings to cater more to domestic customers. In H1 2021, Grand Hyatt Beijing’s average occupancy rate was 48.9% (2020: 15.5%). Average room rate was RMB927 (2020: RMB1,068).
Sample 1
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Grand Hyatt Beijing. The pandemic containment measures in Beijing, the capital city, were extremely stringent. Tourists and returning residents were subject to strict entry and quarantine requirements. In June and December 2020, Beijing saw a resurgence of COVID-19 cases. In January 2021, there were also new cases in Shijiazhaung, the capital of Hebei province, which surrounds Beijing. Strict preventive restrictions were re-implemented. International tourists have been a vital source of revenue for Grand Hyatt Beijing. International travel came to a near complete halt in 2020 due to the COVID-19 pandemic. Beijing’s foreign tourist arrivals in 2020 plunged 97% year-on- year according to the Beijing Municipal Bureau of Statistics. The absence of foreign tourists had negatively impacted Grand Hyatt Beijing. In H1 2020, it recorded an occupancy rate of 15.5% and an operating loss. INDOOR SWIMMING POOL AT GRAND HYATT BEIJING 4 GRAND HYATT BEIJING 5 Following the relaxation of domestic travel restrictions in H2 2020, Grand Hyatt Beijing’s occupancy rate picked up and recorded an occupancy rate of 54.4%. Its NPI in H2 2020 returned to positive. However, it was not enough to offset the disappointing performance in H1. The full- year NPI recorded an operating loss. In 2020, Grand Hyatt Beijing’s average occupancy rate was 34.9% (2019: 80.8%). Average room rate was RMB936 (2019: RMB1,271).
Sample 1
Grand Hyatt Beijing. The pandemic containment measures in Beijing, the capital city, were extremely strict. Hotel business in Beijing was heavily impacted. During the Reporting Period, Grand Hyatt Beijing recorded its worst performance in nearly 20 years, with occupancy hitting record low. Average occupancy rate was 15.5% (2019: 76.8%). Average room rate was RMB1,068 (2019: RMB1,284). In mid-June, Beijing saw a resurgence in locally transmitted COVID cases and it raised the COVID-19 emergency response from Xxxxx 0 xx Xxxxx 0. Xxxxxx restrictions were re-implemented till mid July 2020.
Sample 1
Grand Hyatt Beijing. As the capital city and political centre of China, Beijing’s COVID-19 preventive measures were among the strictest in the country. International travellers and large MICE events have been important sources of revenue for Grand Hyatt Beijing. Due to the pandemic controls, entry 6 3 SHERATON CHENGDU LIDO HOTEL 4 SOFITEL SHENYANG LIDO 5 GRAND HYATT BEIJING 6 INDOOR SWIMMING POOL AT GRAND HYATT BEIJING visa and border controls for foreigners to China, especially Beijing, were very strict. The absence of foreign leisure and business travelers, and the surge of COVID-19 infections in Beijing in H2 2021, had impacted the recovery pace of Grand Hyatt Beijing. The hotel is adjusting its strategies and offerings to cater more to domestic customers. Grand Hyatt Beijing’s average occupancy rate was 34.8% (2020: 34.9%). Average room rate per night was RMB995 (2020: RMB936). Xxx Xxxxx Xxxxxxxxxx xx Xxxxxxx Xxxxxxxx Xxxxx features 836 units of varying sizes, all fully furnished and elegantly appointed to offer luxury living in the city. Tenants can enjoy a wide array of amenities as well as access to nearby Grand Hyatt Beijing’s Club Oasis. The lobby entrances are located at the raised podium level of the Beijing Oriental Plaza complex, which offers tenants the utmost convenience of city living in a tranquil environment. The newly-launched The Residences at Sofitel Shenyang Lido offers 134 serviced apartment units. With a dedicated entrance, lobby and exclusive guest lifts, tenants can enjoy a new level of privacy, comfort and convenience. Serviced Apartment Portfolio
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