Search results for “hotel report”
Mainland China accounts for 37% of Shangri-La's properties revenue in H1 2019
09/23/2019|5:35:36 PM|
Total revenue from Mainland China hotel properties for the first half of 2019 decreased 8.4% to USD 380.4 million, accounting for around 37% of the company's hotel properties revenue during the time.
Social e-commerce platform Pinduoduo hints at travel booking
09/21/2019|12:21:45 AM|
The company may not take travel as one of its strategic growth businesses. But it might still be adding more travel-related offerings on its platform to explore all potential for monetization of user traffic.
Customized travel booking platform T-Bird acquires Haiyou
09/12/2019|5:37:56 PM|
T-Bird acquired Shanghai Haiyou to integrate resources and make the pie of customized travel bigger. More potential acquisitions are said to be in the pipeline.
Ctrip reports 19% rise in net revenue, proposes to change company name to Trip.com Group
09/10/2019|7:17:11 AM|
Accommodation reservation revenue climbed 21% to RMB 3.4 billion (US$497 million) and transportation ticketing revenue increased 13% to RMB3.4 billion (US$496 million).
New Century Hotel revenue rose 8.3% to RMB 905.2 million in H1 2019
08/21/2019|1:41:13 PM|
Net profit increased 1.4% to RMB 80.9 million.
6 key takeaways for strengthening digital commerce in China
08/27/2019|10:40:22 PM|
Foreign travel brands need to be deeply entrenched in this market, especially considering the fact that a Chinese consumer is using a complex, digitally inter-connected network.
Huazhu-backed apartment service provider Chengjia raises nearly USD 300 million
09/10/2019|3:55:01 PM|
The proceeds will be used for expanding its property portfolio in core cities, brand building and developing its technology platform.
Franchise Hotel Qingzhu secures three financing rounds in H1 2019
07/30/2019|3:04:23 PM|
Qingzhu has signed a total of 2,000 hotels and aims to have 4,000 by the end of this year.
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