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Smart in-room vending operator Fun Dora lands $732,200 in angel funding

Fun Dora combines vending machines with the O2O takeaway service, and aims to become a world-leading intelligent in-room vending operator for hotels.

08/31/2018|3:17:42 PM|ChinaTravelNews

China’s star-rated hotels report Q1 revenue at ￥48.711 billion

In Q1, the average room rate (ARR) of all star-rated hotels was RMB 343.13 per room night, average occupancy rate (AOR) was 50.55% (+0.35pp), and revenue per available room (RevPAR) was RMB 173.45 (1.77%).

08/23/2018|8:22:33 AM|ChinaTravelNews

How are hotels responding to the seismic shift in staying at a location?

Hotels are experimenting and evolving in terms of their design, amenities, service etc. Accordingly, the combination of data, content and technology, too, needs to transform to attain guest-centricity.

08/24/2018|8:15:33 AM|ChinaTravelNews

Alibaba-invested Shiji expands to US, opens overseas office in Atlanta

The hotel tech firm continues its international growth with new product and service launches.

08/21/2018|8:30:44 PM|Hospitalitynet

Fitness brand Hyperfit funded for hotel fitness reinvention

Though an emerging player in the market, Hyperfit has maintained an in-store conversion rate of 80% and a repurchase rate of over 80% through word of mouth. The numbers are still growing.

08/20/2018|8:53:24 AM|ChinaTravelNews

Economy hotels form 87.3% of China’s accommodation supply in 2017

By the end of 2017, China registered 457,834 accommodation facilities and 16,770,394 guest rooms. About 69% of them were hotels and 31% were alternative accommodations.

08/16/2018|8:33:13 AM|ChinaTravelNews

Ctrip-invested Tongcheng Tourism leads funding in Mehood Hotel

Mehood expects to add 300 hotels to its inventory and launch 150 hotels by the end of this year, and increase the number of its hotels to 1,500 and open 1,000 hotels by 2022.

08/14/2018|4:16:20 PM|ChinaTravelNews

China finds India’s OYO add 25,000 guest rooms in a month

In July alone, OYO Rooms signed about 400 franchisees and added more than 25,000 rooms in China.

08/08/2018|8:56:14 AM|ChinaTravelNews
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