Search results for “profitability”
Accor’s renewed focus – aspirational and experiential aspects of a guest
06/11/2019|4:16:13 PM|
The driver for Accor going forward is the renewed focus on live + work + play aspects of a guest and owning the relationship, drifting away from being just owner of properties.
Meituan reports 43.2% rise in in-store, hotel & travel businesses revenue in Q1
05/23/2019|5:22:19 PM|
GTV of the in-store, hotel & travel businesses grew by 15.1% to RMB46.4 billion in the three months ended March 31, 2019.
MICE technology platform HotelGG.com raises multi-million dollars
06/04/2019|7:18:57 PM|
HotelGG.com has engaged with nearly 1.5 million SMEs and supported the digital innovation initiatives of 20 companies among China’s top 500 enterprises since its establishment in 2014.
Car rental service provider ZuzuChe.com picks up multi-million funding
05/14/2019|10:18:38 AM|
This round of financing will be used to expand overseas market, improve customer experience and increase the R&D investment for setting up branches equipped with multi-lingual support in different countries.
Connected digital services provider Immfly is coming to Asia
03/01/2019|1:21:29 PM|
After collaborations with leading airlines including easyJet, IAG’s Iberia Express, Pegasus, Sun Express and many others, Immfly is expanding its operations into Asia.
Indoor sports theme park Hi-Fun bags RMB 50 million in a strategic financing round
05/06/2019|11:06:00 AM|
This round of financing will be used to expand its offline stores and strengthen its product range.
Huazhu launches shared booking platform Yisu for independent hotels
04/23/2019|4:59:28 PM|
In the first year of its operation in 2019, Yisu will provide direct sales channels to soft brand stores and it will charge no commissions as its goal is not to make a short-term profit.
Accor Hotels holds 10.2% and Ctrip holds 7.5% equity of Huazhu
04/22/2019|6:10:46 PM|
As of December 31, 2018, Huazhu operated 4,230 hotels in China with hotel network covered 403 cities in 32 provinces and municipalities across China.
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