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WeChat marketing specialist Zhiketong raises 300 million yuan led by Sequoia Capital China

WeChat marketing specialist Zhiketong raises 300 million yuan led by Sequoia Capital China

Zhiketong has raised nearly RMB 480 million in total since its incorporation in December 2014.

08/23/2019|2:02:19 PM|ChinaTravelNews
Best Western acquires PMS firm AutoClerk

Best Western acquires PMS firm AutoClerk

The acquisition marks BWHR's effort to simplify distribution for its hotels by making management of technology, revenue and customer relationship, reporting and connectivity simpler and easier.

08/23/2019|1:11:21 PM|Hotelnewsresource
Cosi raises €5M for its ‘full-stack’ hospitality

Cosi raises €5M for its ‘full-stack’ hospitality

U.S. competitors like Sonder and Lyric are operating a similar model and might also look into Europe, but "it is a very local game.”

08/22/2019|3:03:00 PM|TechCrunch
Ctrip gets India regulator's approval for acquisition of 42.5% stake in MakeMytrip

Ctrip gets India regulator's approval for acquisition of 42.5% stake in MakeMytrip

Ctrip holds nearly half of the Indian online travel firm after this acquisition.

08/21/2019|3:43:51 PM|Indiatimes
New Century Hotel revenue rose 8.3% to RMB 905.2 million in H1 2019

New Century Hotel revenue rose 8.3% to RMB 905.2 million in H1 2019

Net profit increased 1.4% to RMB 80.9 million.

08/21/2019|1:41:13 PM|ChinaTravelNews
Genting Hong Kong secures €2.6 billion financing

Genting Hong Kong secures €2.6 billion financing

The Global Class ships have been designed for the fast-growing Asian cruise market, which will see the largest increase in the number of middle-income households in the world over the next decade.

08/20/2019|3:32:58 PM|Eturbonews
Hong Kong’s instability is a boon for Bangkok

Hong Kong’s instability is a boon for Bangkok

The circumstance may add another tailwind to the luxury market in Bangkok, where a tourism boom has put the city on the map for investors, especially mainland Chinese who have come in droves.

08/20/2019|3:25:07 PM|Bloomberg
Marriott, IHG, Accor and Hilton invest in meetings booking platform

Marriott, IHG, Accor and Hilton invest in meetings booking platform

Marriott, IHG, Accor and Hilton will have a significant ownership stake of Groups360 and each brand will have representation on the board.

08/20/2019|11:55:58 AM|Skift
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