Search results for “hotel conference”
Chinese hotel groups get ready for new battles
05/15/2015|10:51:45 PM|
Chinese hotels are under pressure, with wobbling RevPAR adversely impacting the overall profitability in Q1.
Huatian Hotel’s revenue plunges 39.51% y-o-y in Q1 2015
04/29/2015|9:32:24 AM|
Huatian Hotel Group recorded RMB263 million operational revenue and RMB48.7938 million net profit, down 39.51% and 28.03% y-o-y respectively.
How Tuniu is using offline expansion to build an online hybrid platform
04/06/2015|3:19:41 PM|
Donald Yu, CEO of Tuniu, shared his thoughts on topics such as China’s online travel boom, why growth outweighs profitability in the sector and the untapped potential in lower-tiered cities.
Beijing five-star hotels suffer losses in 2014
04/02/2015|9:47:55 AM|
As hotels are rushing to fill vacancies with leisure travel customers the industry is finally on the path to healthy development.
HotelGG raises US$4.8 million to enhance MICE platform
01/20/2015|6:39:37 PM|
HotelGG, a portal for hotel venue search, price comparison and booking, has raised RMB30 million (approx.: US$4.8 million) in its Series A financing.
Chow Tai Fook sinks US$2.6 billion into Incheon Casino project
02/16/2015|5:11:35 PM|
Hong Kong-based Chow Tai Fook Group will invest US$2.6 billion in the Incheon Casino project that targets Chinese visitors.
Chinese company acquires LAX Marriot
12/29/2014|11:05:01 AM|
China XLD Group’s acquisition of the Los Angeles Airport Marriot for US$165 million is the second Marriot acquisition for the group in a year.
Qunar’s “customer poaching” heats up cutthroat OTA war
12/15/2014|11:14:36 AM|
Qunar is tempting hotels’ with zero commission and e-currency for every converted booking. Customers and hotels stand to benefit from the campaign and Qunar will gain room nights, albeit at heavy campaign cost and no additional revenue.
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