Search results for “luxury market”
TMC platform Miutrip supports industry small fries with new financing
09/16/2015|3:25:21 PM|
Miutrip, a travel management company (TMC) specializes in providing integrated solutions for business travel, announced it has received multi-million investments in its A Round financing.
Qunar files anti-trust report against Ctrip’s acquisition of eLong with MOC
08/10/2015|11:15:17 AM|
Qunar has accusing its arch rival Ctrip of breaching Anti-Monopoly Law and the State’s declaration threshold guidelines in its acquisition of eLong.
Wanda Hotels plans to launch mid-high-end Jinhua hotel brand
08/06/2015|4:46:17 PM|
A spokesperson of Wanda Hotels and Resorts has confirmed that the group is planning to launch Jinhua hotel brand, described as a mid-high-end brand.
Chinese outbound travel – OTAs figure prominently in hotel distribution mix
08/27/2015|6:07:31 PM|
For hotel companies targeting Chinese outbound travel segment, the reliance on OTAs is important at this juncture.
Wanda Hotels aims to have 85 luxury hotels in China by year end
08/11/2015|7:45:05 AM|
Wanda Hotels expects to have 85 five-star luxury hotels in China by the end of 2015.
MOC to inquire antitrust claim against Ctrip-eLong
08/21/2015|8:54:50 AM|
China’s Ministry of Commerce has arranged a meeting with Ctrip and related parties to inquire the case against Ctrip under anti-monopoly and fair trade rule.
Huazhu Hotel's new CEO validates group's progress
08/19/2015|11:13:48 PM|
CEO Jenny Zhang is confident about HUAZHU outperforming peers in all segments in the time to come, and expansion continuing as per the plan.
Quarterly room nights exceed 11 million in new record for eLong in Q2 2015
08/04/2015|8:51:17 PM|
eLong is well positioned with a strong leadership team, significant customer base, and adequate cash balance, according to its CEO.
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