Search results for “commision”
Expedia sees a bright future in China
02/01/2016|11:41:47 AM|
Expedia has a two-fold approach for each and every market. Firstly, building own brands organically and secondly, partnering with strong local brands. Currently,the company is looking at optimizing marketing mix, looking at new payment options other than Alipay and also sharpening hotel content via contracting as well as tie-ups with local OTAs.
Time for hotels to dig deeper post consolidation among OTAs
12/22/2015|3:33:41 PM|
2015 witnessed heavy consolidation in the OTA space in China. So what needs to be done by hotels to balance out their distribution mix?
Juneyao Air to raise US$540 million in private offering for fleet and online platform expansion
01/15/2016|4:30:11 PM|
Juneyao Air will make a private offering to raise RMB3.565 billion and use RMB2.7 billion to purchase four Airbus A320 and RMB165 million forTaotrip platform.
China’s tour operators organize 11% more outbound trips in Q3 2015
12/29/2015|11:15:58 PM|
China has released the results of the national tour operators survey for Q3 2015 showing performance by region and industry segment.
Fantasia Group acquires Morning Star Group to embark on tourism
12/29/2015|11:14:06 PM|
Chinese conglomerate Fantasia Group announced on December 24 the full acquisition of Morning Star Group Limited a HK travel company.
Homeinns merges with BTG Hotels Group
12/08/2015|5:55:02 PM|
Homeinns Hotel Group announced that it has entered into a definitive Agreement and Plan of Merger with BTG Hotels Group.
Meituan-Dianping raise US$2.8 billion in financing
12/23/2015|9:29:03 PM|
Meituan-Dianping has already raised US$2.8 billion in financing as of mid-December this year through the issuance of Class B shares.
Watch out for Qunar’s “mobile plus hotel direct” focus
11/26/2015|12:37:36 AM|
Qunar believes its growing mobile user base as well as the strengthening of its hotel content will pave way for further boost in the “commission rate” of its hotel business
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