Search results for “Investment”
Overseas Wi-Fi rental becomes the next frontier for Chinese OTAs
05/14/2015|10:55:47 PM|
China’s OTAs are scrambling to invest in Wi-Fi rental services which has shot up in popularity overnight.
Homeinns Hotel Group leaves its comfort zone, targets mid-scale segment
05/15/2015|10:55:00 PM|
Despite facing its toughest quarter since Homeinns was established in 2002, the group is hopeful of building on its positive metrics from Q1
Chinese hotel groups get ready for new battles
05/15/2015|10:51:45 PM|
Chinese hotels are under pressure, with wobbling RevPAR adversely impacting the overall profitability in Q1.
Shijie99 partners with investor Utour and makes JV with CTM Group subsidiary
05/08/2015|10:34:40 PM|
Shijie99 has recieved an investment from Utour, distribution rights for CTM Group’s products in China, and will set up JV with CTM's Westminster Travel.
Travel O2O Yododo raises Series B financing from Indonesian media corp
04/21/2015|3:15:29 PM|
O2O travel startup Yododo has received a Series B financing round from Indonesian media corporation MNC Group.
Air China confirms SAA partnership but denies acquisition rumor
04/20/2015|3:21:25 PM|
Air China has denied rumours it is buying into South Africa Airways while confirming that it is forming a partnership with SAA.
Room rates plunge as Shanghai luxury hotel glut continues
04/10/2015|9:24:28 AM|
Shanghai is experiencing a glut of premium hotels and the hotel industry will face a high vacancy rate if investments in new hotel projects continue unchecked.
How Tuniu is using offline expansion to build an online hybrid platform
04/06/2015|3:19:41 PM|
Donald Yu, CEO of Tuniu, shared his thoughts on topics such as China’s online travel boom, why growth outweighs profitability in the sector and the untapped potential in lower-tiered cities.
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