Search results for “Hotel Groups”
Priceline reports financial results for Q4 and FY2015
02/17/2016|10:08:34 PM|
Priceline Group today reported its 4th quarter and full-year 2015 financial results with fourth quarter gross travel bookings increasing by 13% YoY to $12.0 billion and gross profit increasing by 12% YoY to $1.9 billion for Q4.
The game of hotel contracting – are foreign OTAs playing it right?
01/30/2016|11:43:47 AM|
Domestic OTAs have massive lead over their counterparts from abroad in hotel business, be in terms of geographical coverage, number of properties, and volume of business.
Hotel Nikko Taizhou opens April 1 in China's largest biomedical cluster
03/30/2016|2:16:19 PM|
Okura Nikko Hotel Management will launch Hotel Nikko Taizhou on April 1 as its first luxury Hotel in the center of China’s first and largest national medical high-tech zone.
Expedia sees a bright future in China
02/01/2016|11:41:47 AM|
Expedia has a two-fold approach for each and every market. Firstly, building own brands organically and secondly, partnering with strong local brands. Currently,the company is looking at optimizing marketing mix, looking at new payment options other than Alipay and also sharpening hotel content via contracting as well as tie-ups with local OTAs.
Setting up an e-commerce brand in China – it’s about prioritizing investments
03/14/2016|10:16:20 PM|
There is no magic bullet to succeed in China. An insight into how Thailand-based ONYX Hospitality Group is looking at apt mix of brand building and performance advertising.
Huazhu plans to open 750-800 new hotels in 2016
03/11/2016|10:17:03 PM|
Chinese multi-brand hotel group Huazhu plans to open 750-800 new hotels in 2016, with 80% for economy hotels and 20% for midscale and upscale ones, and manachised and franchised hotels continue to be the vast majority in the run.
Jin Jiang eyes mid-range hotel market
03/09/2016|6:23:39 PM|
Leveraging capital operation, state-owned hotel giant Jin Jiang is poised to capture a lion share of the mid-range hotels market by taking equity in Huazhu.
Huixiaoer completes B round with tens of millions of dollars
03/24/2016|11:25:26 AM|
Meeting venue booking platform Huixiaoer announces the completion of its B-round funding with tens of millions of US dollars. The round was led by DCM Ventures and joined by IDG Capital Partners.
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