Search results for “alternative accommodation”
Economy hotels form 87.3% of China’s accommodation supply in 2017
08/16/2018|8:33:13 AM|
By the end of 2017, China registered 457,834 accommodation facilities and 16,770,394 guest rooms. About 69% of them were hotels and 31% were alternative accommodations.
Meituan homestay CEO: China’s B&B sector has potential to grow 6-8 times
01/28/2019|10:44:46 AM|
Meituan’s data shows that the annual average room nights for China's homestay industry had been doubling in 2016-2018, and the rate of increase is expected to be over 100% from 2019 to 2021.
Booking.com’s mantra for China – be prepared for the change
11/26/2018|9:00:00 AM|
Booking Holdings’ journey in China has spanned nine years. But the group is keen on being nimble, running operations in an autonomous way and also open to learning from local companies.
Booking Holdings sees China as the biggest travel market
09/17/2018|1:42:10 PM|
Booking Holdings CEO Glenn Fogel believes that Airbnb has no advantage over Booking Holdings for its single accommodations choices.
Tencent- and Ctrip-invested Tongcheng Elong applies for IPO in Hong Kong
06/22/2018|7:21:38 AM|
The average MAUs of Tongcheng and eLong combined increased from 88.7 million in 2015 to 121.2 million in 2017, representing a CAGR of 16.9%.
WandTrip wins 8-figure financing to tap alternative home-sharing business
02/06/2018|10:51:50 AM|
WandTrip has won multi-million yuan financing to tap the global alternative accommodation market worth $114.4 billion in 2017, and its compound annual growth rate topped 20% in the past six years.
China’s Airbnb Tujia acquires Fishtrip for overseas expansion
01/31/2018|4:27:02 PM|
With the addition of Fishtrip, Tujia is now connected to nine online property platforms including Tujia itself, Mayi, Ctrip, eLong, Qunar, 58.com-Ganji, WeChat Hotel and Zhima Credit.
Villa vacation rental operator Qvilla raises tens of millions of yuan
01/19/2018|11:57:22 AM|
Qvilla intends to serve as a link connecting service, development and operation, rather than merely a platform, according to Qvilla CEO.
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