Hyatt Regency Liberation Square Chongqing Sample Clauses

Hyatt Regency Liberation Square Chongqing. Hyatt Regency Liberation Square Chongqing upgraded its rooms and facilities through an asset enhancement programme. With the enhanced offerings, the hotel was gaining market acceptance and has been building brand awareness. During the year, the hotel’s average occupancy rate was 47.8% (2020: 46.1%), and average room rate per night was RMB582 (2020: RMB534).
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Hyatt Regency Liberation Square Chongqing. Asset enhancement works at Hyatt Regency Liberation Square Chongqing continued and more renovated hotel rooms were available in H1 2021. Rooms available for sale was increased to 320 as at June 2021 from 248 as at June 2020, allowing the hotel to capture the recovering domestic travel demand in a timely manner. During H1 2021, average occupancy rate was 53.4% (2020: 22.7%). Average room rate per night was increased to RMB576 (2020: RMB462).
Sample 1
Hyatt Regency Liberation Square Chongqing. Chongqing is one of the most affected cities in China by the pandemic. Tight precautionary measures were imposed by the local government. Hyatt Regency Liberation Square Chongqing was closed for business during February and March 2020, in line with local government guidelines. It reopened in April. Average room rate per night was RMB462 (2019: RMB520). Occupancy rate was 22.7% (2019: 31.7%). INTERIM REPORT 2020 11 MANAGEMENTDISCUSSIONANDANALYSIS
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