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Foreign hotels open to diversifying distribution mix in China

Foreign hotels open to diversifying distribution mix in China

Mini programs on Taobao, shopping links on Douyin…the new developments exemplify how exciting is China's ever-evolving e-commerce. And foreign hotel companies are increasingly trying to be a part of that.

07/30/2019|6:13:44 PM|ChinaTravelNews
Franchise Hotel Qingzhu secures three financing rounds in H1 2019

Franchise Hotel Qingzhu secures three financing rounds in H1 2019

Qingzhu has signed a total of 2,000 hotels and aims to have 4,000 by the end of this year.

07/30/2019|3:04:23 PM|ChinaTravelNews
Traveloka is in talks to raise USD 500 million new funding

Traveloka is in talks to raise USD 500 million new funding

This new investment could value Traveloka at USD 4.5 billion, according to the report. The company is said to utilize the fresh funds to expand its services in the region.

07/30/2019|11:38:29 AM|KrAsia
Chinese star-rated hotels generate 52.58 billion yuan in Q4 2018

Chinese star-rated hotels generate 52.58 billion yuan in Q4 2018

In Q4 2018, the ARR of China’s star-rated hotels was 356.34 yuan per room night, up by 1.17%; the AOR was 57.43%, down by 0.50% and RevPAR was 204.63 yuan, up by 0.66%.

07/29/2019|11:18:38 PM|ChinaTravelNews
Argentina gears up to welcome Chinese visitors

Argentina gears up to welcome Chinese visitors

Argentina is banking on the old adage of a man's heart is through his stomach to attract more Chinese tourism, and the strategy is part of "Hilton Huanying" program.

07/29/2019|1:57:10 PM|Xinhua
Tech-based hospitality company RedDoorz raises $45M Series B

Tech-based hospitality company RedDoorz raises $45M Series B

RedDoorz has operations in more than 80 cities in Singapore, Indonesia, the Philippines and Vietnam and operates more than 1,200 budget hotels and properties.

07/29/2019|11:53:35 AM|PhocusWire
Hyatt and Hilton are taking different branding approaches inside China

Hyatt and Hilton are taking different branding approaches inside China

A key question remains whether it is better to launch a dedicated brand in China, or adapt a chain’s existing brands to the local market.

07/26/2019|6:28:12 PM|Skift
Soft-brand collections: The new norm?

Soft-brand collections: The new norm?

Soft brands will only continue to grow in favor with consumers, developers and brand companies alike.

07/25/2019|6:25:58 PM|Hotel Management
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