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Discovery partners with Chinese media giant CMC to build theme parks
The companies will develop Camp Discovery-themed entertainment parks in China that will include entertainment, sports facilities, dining, shopping and hotels.
Booking’s Fareharbor kept the bootstrapping myth going while discreetly raising outside money
FareHarbor executives have repeatedly portrayed the startup as lean and bootstrapped and having taken only money from friends and family — with no outside benefactors beyond that.
A 12-year review of high-end chain hotel development in mainland China
The opening of new high-end chain hotels has accelerated in mainland China’s major markets since 2007.
Supply outranks Airbnb on list of HAMA’s concerns
More hotels are going for the same kind of guests in a relatively restricted geographic area.
Booking.com is beating Airbnb in home stays, latest numbers show
Booking.com offers a total of 28 million places to stay. About 5.7 million listings of those places are apartments and homes compared to 6 million on Airbnb.
OYO fully acquires Chinese rival startup Islands
The acquisition of this potential competitor not only delivers complementary advantages for OYO, but gives OYO more leverage in its expansion in China.
Why does the financial community not value digital innovation at airlines?
According to recently published research in HBR, financial markets reward “growth” companies for investment in digital technology, but actively punish more mature, steadily profitable firms for the same.
BA parent IAG invests in Esplorio and Vchain
Trip-sharing service Esplorio and blockchain data business Vchain received investment from International Airlines Group.
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