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Marriott to add 100 hotels in Asia Pacific
06/13/2017|11:28:24 AM|
Marriott International announced that the group will add more than 100 properties to its Asia Pacific portfolio that currently has 113 luxury hotels.
Key takeaways from the concluded 2017 China Hotel Marketing Conference
06/13/2017|10:41:12 AM|
The 2017 China Hotel Marketing Conference co-hosted by TravelDaily China and ChinaTravelNews focused on “Reshaping The Experience” has successfully concluded in Shanghai. Here’re some key takeaways from the event:
Hotelbeds to increase hotels in China over next 12 months
06/05/2017|9:35:15 AM|
Hotelbeds sees in China a general shift away from group bookings towards individual trips. Even payment solutions need to be localized.
Restaurant POS TouchBistro raises 12.1 million dollars
06/03/2017|2:14:28 PM|
TouchBistro raised C$16.3 million ($12.1 million) in Series C funding led by Napier Park Financial Partners and Recruit Holdings Co Ltd. This latest round brings TouchBistro’s total funding to date to C$45.3 million.
Lawsuit files against Priceline Group over Momondo deal
06/02/2017|6:40:09 PM|
Priceline has been accused of “fraud in its absolute purest form” relating to its acquisition of Momondo.
Ctrip net revenues climb 46% in Q1 2017
05/11/2017|8:06:51 AM|
Ctrip's transportation ticketing revenues in first quarter of 2017 rose 48% to USD 418 million after consolidating Skyscanner results for first time. The same revenues in Q1 2016 grew 106% YoY.
Alitrip records over US$235 million in sales on Singles Day
11/19/2015|6:38:33 PM|
Alitrip recorded over RMB1.5 billion in transactions on the Singles Day online shopping festival of November 11.
CITS nets 20% more profit in 2016
05/05/2017|1:51:32 PM|
CITS Group posted operating revenue of RMB 22.39 billion in 2016, up by 5.16%. Net profit last year climbed 20.07%. Operating revenue grew 10.54% in the first quarter of 2017 while net profit for the period rose 5.83%.
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