Search results for “Hotelbeds”
Tourico gears up to counter inimitable hurdles in China
07/23/2015|2:46:28 PM|
What is key to scaling up the high-volume, wholesale model in China? Tourico believes supporting hotel companies with right technology can be a major asset.
Huatian Hotels gets cash windfall from private investors
01/05/2015|6:30:45 PM|
Huatian Hotels intended to issue only 150 million shares to raise RMB600 million, but Huaxin Turbine offered RMB1.653 billion in cash for 29.44% equity.
China’s hotels register 58.31% AOR in Q3
12/30/2014|5:24:39 PM|
China’s star-rated hotels had total revenues of RMB54.816 billion at average occupancy rate (AOR) of 58.31% in Q3 of 2014.
Breaking News: Group-buy site Meituan to acquire Kuxun from Expedia’s Tripadvisor
07/16/2015|9:43:51 PM|
Meituan has confirmed it will acquire full ownership of online travel platform Kuxun from Tripadvisor to step up its hotel coverage and complete its business range.
Wanda Group sees accelerated growth in cultural tourism brands in 2015
07/15/2015|10:00:54 AM|
Mr. Wang said that Wanda Group’s revenue target for the second half of this year was RMB167.12 billion with RMB390 million of it profit attributable to owners .
Group-buy platform Meituan sells 33 million room nights in six months
07/14/2015|10:03:01 AM|
Meituan enjoyed 190% growth in turnover in the first half of this year and transaction volume of RMB47 billion during the period.
Starwood Capital seeks Sunshine Insurance investment in hotel management company
02/09/2015|10:11:24 AM|
The high growth period for China's domestic property market has past and Chinese companies are now forced to invest in overseas real estate.
Clash of the Titans: China’s hotel groups Vs OTAs
12/09/2014|11:46:39 AM|
“Beating them at their own game” is the key tactic being adopted by hotel groups in their fight with the OTAs.
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