Hilton has opened another property in China, the 426-room Hilton Jiuzhaigou Resort, marking the company's debut in Jiuzhaigou, Sichuan Province, located in the southwest of the country.
Executive rooms have a private balcony and access to an Executive Lounge that serves free breakfasts and evening cocktails, and there are also 10 villas. Facilities include three restaurants, a spa and fitness center, meeting and function rooms, a business center, a ballroom that accommodates 1,300 and a kid's club.
Situated near Jiuzhai Valley National Park and Jiuzhai Huanglong Airport, the property features Tibetan architectural accents. Clients who are Hilton Honors members will earn 1,000 bonus points per night on stays through May 27.
Hilton currently manages more than 30 properties across China. "As we continue to grow our footprint across China, we are pleased to establish our flagship brand at this leading resort destination, which is hugely popular with leisure travelers and event planners," said Bruce McKenzie, Hilton's senior vice president of operations for Greater China & Mongolia.
Royal Caribbean Cruises Ltd.'s first quarter earnings report exceeded expectations, showing adjusted net income of $214.7 million, or 99 cents per share, compared to $124 million, or 57 cents per share, in the year-ago quarter.
The company, in an earnings call to industry analysts April 28, attributed strong, close-in demand for the Caribbean to its performance.
"The year started off with a very positive tone and the tone has only continued to please. We are looking forward to our fifth consecutive year of double-digit earnings growth," said Richard Fain, chairman and CEO of RCCL, which is the parent company of Royal Caribbean International, Celebrity Cruises and Azamara Club Cruises.
“Our first quarter results were up 74 percent from last year, which also shows that our focus on improving specifically the winter season is working,” added Fain.
Net yields rose by 6 percent in the first quarter while net cruise costs, excluding fuel, fell by 4.4 percent. Overall for 2017, the company said its booked position remains at a record level, better than last year on both a rate and volume basis.
RCCL said that “strength in Europe” is offsetting the effects of itinerary changes in Asia; Royal Caribbean International in March suspended port calls in South Korea due to “recent developments” in the region.
The company also increased its per share earnings guidance to a range of $7 to $7.20 for the year.
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