The world's largest hotel group shortlisted 7 startups in China, mainly from IoT, AI, AR and other digital services, to present their vision of the future of elevated guest experiences.
The funding will go towards accelerating the group’s expansion, with particular focus on its RateHawk B2B brand.
Last year, combined turnover of domestic sharing accomodation market stood at 16.5 billion yuan (about 2.4 billion U.S. dollars).
Internet giants boasting the advantage of traffic and data still need to provide differentiated value services.
The countries that saw the most direct economic impact in 2018 include: the United States ($33.8 billion), France ($10.8 billion), and Spain ($6.9 billion).
Cozycozy.com wants to simplify that process by aggregating a ton of services in a single interface.
ConnexPay says its technology reduces risk and eliminates the need for online travel agencies, tour operators and consolidators to pre-fund payments or obtain lines of credit.
A subscription model would give it a deeper relationship with certain customers.
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