Quhuo Reports Homestay Sector Operated By Chengtu, Achieved Average Occupancy Rate Of 79%, With Sales Up By 45% Y/Y During 2024 Labor Day Holiday
Portfolio Pulse from Benzinga Newsdesk
Quhuo's homestay sector, operated by Chengtu, achieved an average occupancy rate of 79% and a 45% year-over-year increase in sales during the 2024 Labor Day holiday. The peak occupancy rate reached 88%, with a 31% surge in sales on the busiest day.
June 28, 2024 | 10:04 am
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POSITIVE IMPACT
Quhuo's homestay sector, operated by Chengtu, reported strong performance during the 2024 Labor Day holiday, with a 79% average occupancy rate and a 45% year-over-year increase in sales. The peak occupancy rate reached 88%, with a 31% surge in sales on the busiest day.
The strong performance in occupancy rates and sales growth during a significant holiday period indicates robust demand and effective management in Quhuo's homestay sector. This positive operational data is likely to boost investor confidence and positively impact QH's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100