Search results for “Hotelbeds”
OYO fully acquires Chinese rival startup Islands
03/28/2019|10:58:54 AM|
The acquisition of this potential competitor not only delivers complementary advantages for OYO, but gives OYO more leverage in its expansion in China.
Didi Chuxing suspends hotel and travel business with staff transfers and lay off
05/28/2019|5:51:38 PM|
Earlier this year, Didi was reported to have sustained steep losses of 10.9 billion yuan in 2018, and has been in the red for six years.
Meituan scales up core "eating" business, and along with it hotel bookings too!
05/16/2019|10:02:44 AM|
As the superapp's stickiness grows, one of its investors, Booking Holdings, believes that Meituan is going to act as a vital entry point for outbound travel as well.
US travel income dropped due to stagnating arrivals, OYO sees China profitability, more
03/12/2019|10:26:17 AM|
Spending by international visitors in the US dropped nearly 1% largely due to stagnating visitor arrivals from China; OYO China CFO said that the firm will think through profitability models in China.
GreenTree takes a 4.95% stake in New Century Hotel for $29.2 million
03/11/2019|4:19:27 PM|
GreenTree said that "there will be potential collaboration opportunities between the two companies" in the mid-scale to upscale hotel segment.
Hotel and travel AI startup secures $41 million funding round
04/09/2019|3:14:02 PM|
Zhuiyi Technology will use the funding for developing AI technology and products, recruitment, ecosystem building and overseas expansion.
Hotelbeds Group launches consolidated brand identity
11/02/2018|9:44:28 AM|
Hotelbeds Group and its commercial Bedbank brand, Hotelbeds, both now branded simply as ‘Hotelbeds’ underlining core focus on the bedbank sector.
Huazhu launches shared booking platform Yisu for independent hotels
04/23/2019|4:59:28 PM|
In the first year of its operation in 2019, Yisu will provide direct sales channels to soft brand stores and it will charge no commissions as its goal is not to make a short-term profit.
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