Instant booking is being pushed as part of Airbnb's ongoing strategy to attract more business travelers to the service.
Marriott has 310 deals signed for new properties in China. Marriott currently operates 346 properties in the country.
Of its USD600 million investments in China, USD100 million will go to recruitment, customer experience, quality and systemic improvements to promote Oyo's further growth.
Hanting 3.0 mostly focuses on improving designs and digitization and will result in higher quality rooms but without price hikes.
Same-hotel operational data for midscale and upscale hotels dropped during the quarter.
Personalization takes two — the power of modern technology, and the continued investment of hoteliers to go the extra mile and get to know their guests and their guest segments.
The proceeds will be used for market expansion.
Since its launch in 2017, Life House has also raised $140 million in venture capital.
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