Search results for “Chinese investment”
It’s not just about big data, leverage small data, too
01/05/2017|9:17:34 AM|
Small data results from internal resources like PMS, channel manager, website etc. Hotels need to consider the quality and utility of small data, before looking deep into big data, intelligence and analytics.
Ctrip takes a big step in pursuit of going global
11/27/2016|9:50:20 AM|
Drifting away from intense competition in the domestic OTA market, Ctrip seems to have come a long way in a span of 18 months. The decision to acquire Skyscanner means Ctrip isn’t just a single market player anymore.
Fosun spins off travel unit for IPO in 2020
12/01/2016|9:02:17 AM|
China’s private conglomerate Fosun International announced on November 29 that it will complete spin-off of its travel arm by the end of this year for a potential IPO in 2020.
China investors splashed $9.25b on buying overseas hotels
11/15/2016|1:04:27 PM|
China’s investors have splashed USD 9.25 billion snapping up hotels and accommodation worldwide in 17 deals so far this year.
Ctrip invests in test-tube baby service provider IVF USA
11/23/2016|10:24:26 AM|
The strategic investment in test-tube baby technology provider enriches Ctrip’s medical travel contents and enables the OTA to get a stronger control on destination resources.
House-sharing brand QianSu raises RMB 50 million
12/01/2016|10:52:02 PM|
Homestay startup QianSu announced that it has received RMB 50 million in its latest funding round. ChinaTravelNews learnt that the round had Qunar as one of the investors.
Xiaozhu raises USD 65 million in C+ and D rounds
11/03/2016|9:38:14 AM|
Homestay startup Xiaozhu received USD 65 million in C+ and D rounds. The C+ round was backed by Capital Today and the D round had JOY Capital and BAI as lead investors.
Baidu Nuomi halts self-run hotel reservation
11/16/2016|11:44:40 AM|
Baidu Nuomi has transplanted Ctrip's and Qunar’s hotel-booking and ride-hailing services to its platform to replace its own services.
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