Search results for “acquisitions”
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.
Accor explores upscale hotel market in China after FRHI acquisition
08/01/2016|9:56:17 AM|
AccorHotels has boosted its hotel portfolio in China to 195 following its acquisition of FRHI and its three upscale hotel brands, and plans to open four Sofitel hotels, four Pullman hotels, one Fairmont hotel and two Swissotels by the end of next year.
Ctrip named the top travel company in China for four years in a row
12/22/2017|9:06:25 AM|
China’s top 20 tourism groups have recorded total transactions of RMB 1.53 trillion this year, 400 billion yuan more than last year, according to a ranking list jointly released by China Tourism Academy and China Tourism Association.
Meituan Travel unveils air ticketing strategy a year after acquiring Flightroutes24
11/23/2017|8:49:10 AM|
Meituan has seen more than three-fold increase in air ticketing transactions so far this year, and the number of paid air tickets transacted on the site increased by more than 340% year on year.
Accor CEO: Chinese tourists look beyond APAC, changing global hospitality
12/21/2017|3:10:33 PM|
"Accor probably is making more profit as an investor in China Lodging than we could have made by remaining independent for the next 50 years", said Sebastien Bazin, Chairman and CEO of AccorHotels.
Ctrip to further global expansion by acquiring US travel site Trip.com
11/02/2017|6:10:07 PM|
Ctrip has acquired US travel booking platform Trip.com (formerly Gogobot). It’s worth noting whether the search functions of Trip.com will be merged with Skyscanner’s.
Jin Jiang Hotels increases its stake in Plateno Group to 93%
10/24/2017|12:44:15 PM|
To further integrate resources and reduce costs, Jin Jiang International Holdings will acquire 12.0001% stake held by Prototal Enterprises Limited in Keystone, a Jin Jiang subsidiary that controls Plateno.
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