Search results for “source market”
Kuaididache fills war chest for impending battle
12/31/2014|2:57:19 PM|
Kuaididache boosted its market valuation to US$4 billion following the completion of the round D financing that raised close to US$800 million.
Jinjiang Group acquires Louvre Group in bid to expand to Europe
01/23/2015|3:21:01 PM|
Jinjiang Holdings acquired France’s Louvre Group, estimated at EUR1.25-1.5 billion, and will fully integrate the two hotel groups.
Qunar’s “customer poaching” heats up cutthroat OTA war
12/15/2014|11:14:36 AM|
Qunar is tempting hotels’ with zero commission and e-currency for every converted booking. Customers and hotels stand to benefit from the campaign and Qunar will gain room nights, albeit at heavy campaign cost and no additional revenue.
Chinese still the top non-EU visitor market for UK
01/21/2015|8:40:29 AM|
Chinese visitors’ spending in the UK increased 20% in the month of December alone, thanks to high-quality service and duty-free policies, Global Blue reported.
Ctrip CEO: Travelfusion is first step towards globalization
01/09/2015|4:02:22 PM|
Ctrip's CEO James Liang talks to ChinaTravelNews reporter about the investment in Travelfusion and Ctrip's first step towards globalization.
China Lodging Group sharpens portfolio strategy, targets network expansion
01/04/2015|2:56:49 PM|
ChinaTravelNews assesses how China Lodging Group is planning to strengthen its network as well as direct sales capability, which currently accounts for 90% of its bookings.
Ctrip gives Tuniu US15 million boost
12/12/2014|11:07:02 AM|
A recent visit by Tuniu COO Haifeng Yan to JD.com has raised speculation that JD.com might be an investor. A move that will further complicate the relationship among China's OTAs.
PMS vendor BeyondHost raises US$10 million
01/07/2015|6:32:24 PM|
Shanghai based PMS BeyondHost raised US$10 million in its Series A financing.
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