Search results for “budget hotels”
Tuniu sets up commercial factoring firms to boost capital support for industry
09/17/2015|3:32:14 PM|
Tuniu became the first OTA stepping into the tourism factoring field as it announced on September 16 that it has been approved to establish two commercial factoring companies with an investment of RMB1.3 billion.
Paths may clash, but Ctrip and eLong are working towards laser-sharp positioning
08/05/2015|9:16:23 PM|
Ctrip and eLong are making bold moves, especially in thier approach to respective product strategies and thier decision to monetize the mobile channel.
Jin Jiang Hotels earns 49.2% more y-o-y for shareholders in first half
09/01/2015|7:21:16 PM|
Shanghai Jin Jiang International Hotels Group chalked up 50.5% increase in operating profit, totaling RMB1.325 billion in the first half of the year.
Qunar’s benchmark for excellence – just being the best as any OTA can be
08/26/2015|8:51:44 AM|
Qunar believes it has an opportunity to step up the average volume figure per hotel on the direct network and wants it to be on par with peers in mature travel markets.
Ctrip enters the micro-conference market with its launch of a “Hotel+Venue” channel
08/22/2015|8:54:17 AM|
China's conference industry is booming, with estimated total value above RMB400 billion for in 2014 and Ctrip is C\capitalizing on this trend “Hotel + Venue” channel.
Anhui hotel chain Gujing Hotels to make New Third Board listing in November
08/18/2015|6:12:57 PM|
Gujing Hotels Management is planning to list on China’s New Third Board OTC trading platform in November this year, the first for a hotel chain in Anhui province.
Plateno Group restructures brand categories and plans A share listing
06/24/2015|10:06:24 AM|
Plateno Group is doing structural reorganization and brand integration and is now looking for an opportunity to make an A share listing.
Breaking News: Jin Jiang to acquire 80% of Vienna Hotels for US$289 million
08/07/2015|4:28:47 PM|
Chinese hotel group Jin Jiang Hotels Group has invested RMB1.8 billion on August 6 for an 80% stake in the mid-range the Vienna Hotel Group and its restaurants.
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