Search results for “opening”
Klook secures $200 million funding; Cathay Pacific warns of higher cash burn | Daily Brief
01/26/2021|10:16:46 PM|
China offers flight refunds to curb travel; Homestay industry on track to recovery.
Huazhu projects Q4 revenues to surpass previous guidance
01/25/2021|3:16:28 PM|
RevPAR of the Legacy-Huazhu hotels (excluding Deutsche Hospitality) for the fourth quarter was RMB 186, down by 2.4% year-over-year, but up from RMB 179 in the previous quarter.
Hilton CEO: China is second-largest market, key part of growth strategy
12/15/2020|4:57:37 PM|
Hilton aims at opening and managing 1,000 hotels in China by 2025, which will create 100,000 jobs in the area. The company also looks to reach 50 million loyalty members in the country.
ByteDance sets up a travel agency; Mafengwo sheds light on night tourism | Weekly Review
12/19/2020|10:17:57 PM|
Hilton CEO said China is second-largest market, key part of growth strategy; Alibaba-invested mobility platform Hellobike applies for hotel-related trademark.
Huazhu Group gears up for expansion in lower-tier cities
12/09/2020|11:31:23 AM|
The Chinese multi-brand hotel group mentioned that tier-3 and below cities accounted for 50% of the total pipeline at the end of October. The plan is to establish both middle-scale and economy brands in these places.
Hotel robot maker secures $77 million; Skyscanner finds new CEO | Weekly Review
01/23/2021|10:23:29 PM|
Accor strengthens partnership with Alibaba Fliggy; Sequoia China, Ocean Link to invest in high-end hotel chain.
Alibaba opens first unmanned hotel and eyes other hospitality business
10/31/2018|6:48:43 PM|
FlyZoo Hotel is an incubation project of Alibaba, and the company is likely to extend to other hospitality verticals with this hotel experience.
Accor steps up alliance with Alibaba; Sequoia China to invest in upscale hotel chain | Daily Brief
01/21/2021|10:16:53 PM|
Minor Hotels partners with Funyard Hotels for China expansion; China estimates 40% fall in Lunar New Year passenger trips from 2019.
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