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Smart hotel solution provider Systemteq lands million-dollar funding round

The company works with Alibaba to create smart hotels.

09/03/2018|3:10:53 PM|ChinaTravelNews

Sino-US travel hit by trade war, Tencent to buy $400m stake in Meituan IPO, and more

Chinese tourists to Russia increased by 150% in January-July 2018. Weekly travel bookings from China to the US dropped by 8.4%. Meituan is to go public in Hong Kong on Sept. 20, and Tencent plans to buy $400 million worth of shares in the IPO.

09/03/2018|10:51:01 AM|ChinaTravelNews

Chauffeured service provider Heycars teams up with 2018 TravelDaily Conference

Heycars aims to link up air, accommodation and in-destination services with its own chauffeur offerings to build up a better end-to-end travel experience.

09/02/2018|9:41:15 AM|Heycars

Smart in-room vending operator Fun Dora lands $732,200 in angel funding

Fun Dora combines vending machines with the O2O takeaway service, and aims to become a world-leading intelligent in-room vending operator for hotels.

08/31/2018|3:17:42 PM|ChinaTravelNews

Shiji grows Distribution Platform into international hotel market

CHINAonline now known as Shiji Distribution Solutions is formally opening to the international hotel markets with dedicated teams in the US and Europe.

08/29/2018|10:35:00 AM|HospitalityNet

Sabre Branded Fares, HK Airlines bring unique packages to global agents

With Sabre technology, Hong Kong Airlines can ensure that its brand lives beyond its own channels, providing travel buyers and sellers with enhanced fare functionality at the most optimal price.

08/29/2018|10:05:44 AM|Sabre

China’s inbound tourist arrivals down 0.4% to 69.23 million in H1 2018

For the first half of 2018, the number of domestic tourists in China increased 11.4% to 2.826 billion, and the number of outbound travelers was up 15% to reach 71.31 million.

08/23/2018|10:48:30 AM|ChinaTravelNews

China’s star-rated hotels report Q1 revenue at ￥48.711 billion

In Q1, the average room rate (ARR) of all star-rated hotels was RMB 343.13 per room night, average occupancy rate (AOR) was 50.55% (+0.35pp), and revenue per available room (RevPAR) was RMB 173.45 (1.77%).

08/23/2018|8:22:33 AM|ChinaTravelNews
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