Search results for “Hotel Groups”
China Lodging completes acquisition of Crystal Orange Hotel
05/31/2017|11:12:22 AM|
China Lodging Group (Huazhu Hotels) announced that it has closed the acquisition of Crystal Orange Hotels for RMB 3.65 billion (USD 540 million).
Alibaba's ecosystem + Fliggy - how the combo is set to simplify travel buying?
06/19/2018|9:05:31 AM|
Alibaba garners vital information about its users with the presence of Fliggy, Taobao and Alipay in one user interface, taking friction out of trip planning and buying.
Homestay chain brand Youjia closes funding round backed by Ctrip
06/28/2018|10:20:49 AM|
By investing in homestay brand Youjia, Ctrip aims to build quality home-share inventory and move up the supply chain.
ChinaTravelNews Briefing: ITB China raises insights, Hyatt flagship store debuts on Ctrip
06/01/2018|6:02:57 PM|
ITB China 2018 concluded with high hopes for China’s tourism growth, Ctrip brought in Hyatt flagship store, and more Chinese tourists are heading to Europe destinations and Russia.
ChinaTravelNews Briefing: Booking.com unites Spring Airlines, Tencent permits travel, and more
06/17/2018|7:48:13 PM|
China Southern pledged to facilitate cancellation and re-scheduling for its directly or indirectly sold tickets; Tencent is working with the Chinese government to create an electronic travel pass system.
Hotels need to act fast and prudently to deal with fragmentation in distribution
06/01/2018|7:39:30 AM|
Be it for what needs to be done to optimize association with a new channel/ platform or managing rate disparity and revenue leakage, some foreign hotel companies are cautious in approaching emerging options such as Fliggy, WeChat etc.
China Lodging's net revenues grow 10.8% in Q1 2017
05/11/2017|7:36:20 AM|
China Lodging Group posted net revenues of USD 231.4 million in the first quarter of 2017, up by 10.8% YoY. Net income attributable to company rose from RMB 69.4 million in Q1 2016 to RMB 148.1 million (USD 21.5 million).
Booking.com CEO gets an observer seat at Ctrip board
06/12/2018|8:58:02 AM|
Booking.com CEO Gillian Tans has been designated as Booking Holdings' observer to the Ctrip board of directors.
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