Search results for “Acquisition”
ChinaTravelNews Briefing: Ctrip Car licensed to run, Meituan buys Mobike, Airbnb Plus
04/08/2018|5:49:42 PM|
Ctrip Car gets the nod to run ride-hailing business; Meituan extends its offerings to 320 million annual active users through its Mobike acquisition; and higher fuel cost is affecting the growth of airlines.
WandTrip wins 8-figure financing to tap alternative home-sharing business
02/06/2018|10:51:50 AM|
WandTrip has won multi-million yuan financing to tap the global alternative accommodation market worth $114.4 billion in 2017, and its compound annual growth rate topped 20% in the past six years.
China’s Airbnb Tujia acquires Fishtrip for overseas expansion
01/31/2018|4:27:02 PM|
With the addition of Fishtrip, Tujia is now connected to nine online property platforms including Tujia itself, Mayi, Ctrip, eLong, Qunar, 58.com-Ganji, WeChat Hotel and Zhima Credit.
Evergrande Hotels & Resorts joins APacCHRIE, fostering branding
01/26/2018|10:02:42 AM|
To meet the demand of fostering branding, industry communication and talent training, Evergrande Hotels & Resorts had many rounds of discussions with APacCHRIE and finally decided to join the council.
ChinaTravelNews annual roundup: Major events of year 2017
12/18/2017|2:15:13 PM|
In 2017, the World Tourism Alliance was set up, ITB debuted in Shanghai, China banned tours to S. Korea, Priceline invested in Meituan to compete with Ctrip, and local home-sharing is on the rise while Airbnb is slow to localize...
Ctrip-backed CME to buy 35% stake in Mind Letu for RMB 16.7 million
12/20/2017|9:25:44 AM|
Mind Letu will be transformed after the acquisition to create synergy in the demand-supply chain of research and study trips and customer acquisition channels so as to enhance its competitiveness.
WeChat hotel marketing specialist ZhiKeTong raises 100 million yuan
01/04/2018|9:41:52 AM|
Hotel direct marketing firm ZhiKeTong recorded more than 100 million yuan sales and nearly 1 million orders in one month in 2017.
Tujia’s single-day booking exceeds 56,000 room nights after Mayi acquisition
08/15/2016|7:41:45 PM|
Tujia’s single-day orders exceeded 56,000 room nights for the first time, China’s house-sharing market is expected to embrace a new round of explosive growth.
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