New World Development announced it will transfer the full ownership of three Hong Kong hotels to a joint venture the HIP Group.
200 Hunan hotels have suspended supply to Qunar for offering unauthorized 50% discounts on hotel rates on its platform.
SOCAM Development of the Shui On Group sold 131 units with parking of the Shanghai Pudong Four Seasons Hotel and Four Seasons Apartments.
Huatian Hotel Group recorded RMB263 million operational revenue and RMB48.7938 million net profit, down 39.51% and 28.03% y-o-y respectively.
Hotel customers posted 20 million reviews or 61,000 reviews per day in 2014, up 163.8% against the previous year.
HotelREZ Hotels & Resorts, announced its most recent partnership with Singapore-based Peak Hospitality Solutions, as it plans to expand into Asia.
O2O travel startup Yododo has received a Series B financing round from Indonesian media corporation MNC Group.
This financing round will bring high growth for AMTT, its products and service applications are used in a million hotel rooms in China.
