Same-hotel operational data for midscale and upscale hotels dropped during the quarter.
The proceeds will be used for market expansion.
Since its launch in 2017, Life House has also raised $140 million in venture capital.
StayPlease is now operational in over 20,000 hotel rooms across 25 cities around the globe.
The rescue deal could indicate a potential retreat from the stock market for Thomas Cook, in a move that would see the world's oldest package-holiday firm become a private company.
Sonder currently has 8,500 spaces signed across 26 cities in six countries.
Southeast Asian banks are investing in the region’s biggest ridehailing rivals, Go-Jek and Grab, to hitch a ride on their expansion into financial services.
SpaceBox provides integration solutions for individual hotels targeting younger people.
ChinaTravelNews is a wholly owned subsidiary of
©2019 TravelDaily Inc.