Search results for “hospitality”
OYO fully acquires Chinese rival startup Islands
03/28/2019|10:58:54 AM|
The acquisition of this potential competitor not only delivers complementary advantages for OYO, but gives OYO more leverage in its expansion in China.
Reputation report finds hotel facilities still the favorite review subject
04/13/2018|9:00:58 AM|
Hotel reviews left by families with children increased at the fastest rate in 2017, and hotel facilities were still most the most reviewed area by hotel guests.
US travel income dropped due to stagnating arrivals, OYO sees China profitability, more
03/12/2019|10:26:17 AM|
Spending by international visitors in the US dropped nearly 1% largely due to stagnating visitor arrivals from China; OYO China CFO said that the firm will think through profitability models in China.
GreenTree takes a 4.95% stake in New Century Hotel for $29.2 million
03/11/2019|4:19:27 PM|
GreenTree said that "there will be potential collaboration opportunities between the two companies" in the mid-scale to upscale hotel segment.
Fliggy spearheading “Global Fun” as part of Alibaba’s globalization strategy
03/06/2019|3:32:24 PM|
There is still much room for cross-brand synergy or consolidation under the umbrella of Alibaba.
GIATA announces product launch at ITB - Room Type Mapping
03/05/2019|6:35:07 PM|
GIATA will present their Room Type Mapping solution at the 53rd ITB Berlin, Germany from 6th to 10th March 2019.
OYO China CFO: We’ll have clear models for hotel operation and profitability
03/04/2019|8:57:29 AM|
"We know that speed, manpower efficiency and scalability are equally important. What’s not going to happen this year is that we will only manage to keep 5,000 of the 10,000 hotels we signed in 2018."
Chinese make 6.31m overseas trips for holiday, Ctrip teams up with Baidu, and more
02/24/2019|8:54:01 AM|
Chinese arrivals to Europe rose 5.1% in 2018 despite economic slowdown and Brexit, Ctrip invested again in robot maker Yunji, and Spring Airlines has integrated operation data into Airbus’ Skywise platform.
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