From 1 June, WeChat Mini Programme and WeChat online pay service will be available in all 50 Shangri-La properties in mainland China.
The Shiji deal will give it a considerable boost with getting inventory from hotels and accelerate its accommodation supply strategy in the country
Oyo founder Ritesh Agarwal pointed out that Ctrip is focused on secondary and smaller cities in China, which complements Oyo’s supply.
Huazhu CEO Jenny Zhang said it had developed slightly different distribution approaches and fee structure to be more flexible in accommodating needs of independent hotels.
All these sites have until September 1 to fully comply but if they don’t, the CMA is prepared to take further action against them.
The partnership agreement allows users to get access to OYO hotels on the Ctrip platform.
Occupancy rate was 78.1%, a decrease of 1.1% year-over-year. And RevPAR increased 2.5% to RMB127 in the first quarter of 2019.
Resort fees are estimated to have brought in up to $2.93 billion in 2018 alone. The average fee climbed 11% last year to $21 per night.
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