Search results for “luxury market”
GZ Transport Commission comes out with its own knockoff “budget Uber”
05/11/2015|10:51:11 AM|
Under the pretext of investigating a market economy player Uber, the Guangzhou Transport Commission is producing a cheap imitation of Uber’s service.
Customer online reviews gain traction for China's hotel industry
04/23/2015|9:40:45 AM|
Hotel customers posted 20 million reviews or 61,000 reviews per day in 2014, up 163.8% against the previous year.
Room rates plunge as Shanghai luxury hotel glut continues
04/10/2015|9:24:28 AM|
Shanghai is experiencing a glut of premium hotels and the hotel industry will face a high vacancy rate if investments in new hotel projects continue unchecked.
CAR Inc to add P2P car rental as an auxiliary service to its expanding operations
04/21/2015|3:48:21 PM|
CAR Share has a vehicle pool comprising privately owned cars as well as vehicles from a range of small- and medium-sized car rental companies.
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.
Top Chinese hotel IT operator AMTT raises US$32 million
04/16/2015|3:19:41 PM|
This financing round will bring high growth for AMTT, its products and service applications are used in a million hotel rooms in China.
BTG Hotels annual profit drops 4.66% in 2014
04/02/2015|10:25:25 AM|
BTG Hotels’ annual revenue and net profit fell last year, at 5.87% and 4.66% respectively to RMB2.791 billion and RMB112 million.
Customized travel startup Sinbad gets multi-million financing
03/30/2015|6:30:16 PM|
Sinbad has received a multi-million RMB Series A financing from Shenzhen Capital Group.
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