Search results for “localization”
China Lodging completes acquisition of Crystal Orange Hotel
05/31/2017|11:12:22 AM|
China Lodging Group (Huazhu Hotels) announced that it has closed the acquisition of Crystal Orange Hotels for RMB 3.65 billion (USD 540 million).
CYTS Tours’ net profit rises 63.83% in 2016
04/25/2017|1:32:41 PM|
Chinese tour operator group CYTS Tours recorded RMB 10.33 billion operating revenue in 2016, a 2.36% drop from a year before. Net profit grew 63.83% YoY to RMB 484 million in the year.
Local travel startup Yikuaiqu raises US$4 million in A+ financing round
08/04/2015|5:29:36 PM|
Online local travel service Yikuaiqu announced it received RMB25 million (approx: US$4 million) in an A+ financing round.
Hotelbeds confirms Thailand as top Asian destination, chooses Bangkok for first MarketHub Asia event
05/24/2017|8:36:11 AM|
Hotelbeds Group, a global bedbank giant and business-to-business travel service provider, announced that its Hotelbeds brand has chosen Bangkok, Thailand as the host destination for the first edition of Hotelbeds MarketHub Asia.
Technology and local partnership –that’s what Expedia is banking on in China
09/15/2015|10:59:51 PM|
Expedia believes it can lend a strong dimension to Chinese domestic intermediaries’ strategy to capitalize on demand for outbound travel .
Understanding local intricacies as a B2B specialist
09/09/2015|11:05:02 PM|
GTA believes it is equipped with a strong blend of content and technology expertise to make the most of its presence in the B2B segment.
Destination booking service Klook closes $30 million round led by Sequoia
03/03/2017|11:57:18 AM|
Travel experience reservation platform Klook announced on March 2 that it has raised USD 30 million in its B round funding, which had Sequoia Capital China as lead investor.
Beijing to implement home-share licensing in 2017
02/16/2017|12:47:54 PM|
ChinaTravelNews has learned that Beijing is finalizing legislation this year to license homestay businesses in the capital.
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