Search results for “investment and financing”
NDC in China progresses slowly, limited by market constraints
10/06/2019|7:31:01 PM|
NDC technology is being developed but it will be some time before there is widespread adoption by Chinese airlines and other players.
Huazhu net revenue rises 14.2% to $356 million in Q1
05/23/2019|7:31:53 AM|
Hotel turnover increased 17% to RMB7.2 billion. Net revenues from manachised and franchised hotel were RMB1.7 billion (US$257 million), representing a 15.2% year-over-year increase.
Zhiketong completes full acquisition of hotel operation solution provider Jperation
09/06/2019|5:02:01 PM|
Under the partnership, Jperation would keep five aspects unchanged, including company strategy, team structure, competitiveness, operation and performance models.
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.
Outbound driver-guide platform HuangBaoChe secures $50 million
06/25/2019|4:29:27 PM|
HuangBaoChe has served more than 10 million outbound tourists since establishment.
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.
Car rental service provider ZuzuChe.com picks up multi-million funding
05/14/2019|10:18:38 AM|
This round of financing will be used to expand overseas market, improve customer experience and increase the R&D investment for setting up branches equipped with multi-lingual support in different countries.
IHG CEO: China is “second home market” and OTA is running hotels “to learn”
05/11/2019|10:52:22 PM|
Mr. Keith Barr is not that concerned on the Chinese hotel giants' international play.
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